How will the state cope up with the crisis?
At present J&K is in a deep financial crisis as is accepted by governor of the state and other senior administrative officials. The liabilities are swelling to 2700 crores which is really a setback for the state and if the situation continues its effect will be felt deep down.
Will the meeting between Vohra representing the state and Rajnath and Jaitley representing the centre give some relief to J&K state will be seen. The delay in government formation in the state is yet another cause which has deepened the worst ever financial crisis in the state. May be with a state lead by the chief minister the situation of financial crisis would have been solved at the earliest.
The crisis surfaced at the same time when people are trying to forget the pain of the unprecedented recent floods. On one side the state lead by governor is trying to overcome the burden of financial crisis and on the other and more important side every effort is made to help the flood affected victims of the state. This is really a painful moment for the people at large.
The owners of the fully damaged, severely damaged and partially damaged houses have been given a mere compensation of Rs 75000 , 12600 and 3800 respectively which is just a mere joke played with the people. Is it really possible to repair the damaged houses with this measly amount?
Srinagar district is the worst hit district by the flood in the state. Even though the outgoing District Development Commissioner Srinagar and Divisional Commissioner Kashmir were personally monitoring the the relief and rehabilitation process in Srinagar district but still a lot needs to be done. They alone can’t be questioned because the state is in the deep financial crisis and centre government is not providing any adequate financial help to the state. The Rs 44,000 crore package proposed by the Omar Abdullah led collation government is yet to seek the clearance from the centre.
About five months have passed after flood, but the business is yet to resume completely in the capital city. The business fraternity has suffered huge losses and it’s difficult for them to make a comeback. The tourism sector which is the backbone of the economy of J&K state has been worst affected. From September 2014 the tourist flow to the state has come to an halt. The traders associated with the the industry are in deep economic mess.
In an uncertain situation like this, let’s see which way will Kashmir go?
(The author is studying electronics and communication engineering at S.S.M College of engineering and technology at Parihaspora Pattan)