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Trans-LoC traders demand compensation for losses
1/3/2011 10:06:47 PM
EARLY TIMES REPORT
SRINAGAR, Jan 3: Demanding compensation for the losses suffered allegedly due to lack of storage facility at Salamabad trade facilitation centre in Uri town on Srinagar-Muzaffarabad road, the Trans-Line of Control (LoC) traders held a demonstration here today.
The protesting traders claimed that they have incurred huge losses in the absence of proper warehouse facility along LoC trade route. "Rains have caused damage worth Rs 7 crore to our goods due to non-availability of covered storage facility. The government should compensate for the losses and complete the work on infrastructure at
Salamabad urgently," Salamabad-Chakoti Traders Association President, a body of cross-LoC Traders, Asif Lone said.
Lone said the state government has promised and assured time and again for improving the infrastructure for the trade and commerce across LoC but no concrete step was taken in this direction till date. "Our Association is involved in the trade since last two years. The inconvenience and hardships faced by us was brought to the notice of the concerned but no attention was paid to our just and genuine requests," Lone said.
The traders are not in a position to bear the financial losses caused to them by the inaction of the state machinery, he said adding "We have decided to suspend the trade till our grievances are not addressed."
He said more than 10,000 people are directly or indirectly engaged in the trans-LoC trade but lack of infrastructure for the smooth running of the tran-LoC trade is proving a major impediment. The trans-LoC trade started in 2008, three years after
Srinagar-Muzaffarabad road was opened for weekly bus service to facilitate meeting of divided families and was billed as mother of all confidence building measures for restoring peace in Jammu and Kashmir.
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