Press Esc to close

India Inc fails to enthuse Kashmir business community

Zulfikar Majid, Srinagar, Oct 6, 2012, DHNS: 1:54 IST

J&K student community, however, finds a ray of hope

The visit of India’s elite business leaders to the Valley led by Congress general secretary Rahul Gandhi has failed to enthuse Kashmiri businessmen who termed the visit a “futile” effort.

However, the student community and unemployed youth of the Valley see promises made by corporate honchos as a ray of hope.

President of Kashmir Chamber of Commerce and Industry, Hameed Punjabi described the visit as a “useless” exercise. “The visit of the business tycoons to Kashmir was a good step. If Tatas, Birlas and others invest here, it will change the scenario of Kashmir. However, we were let down by the visit as no local businessman was taken into confidence,” Punjabi told Deccan Herald.

He said: “Business people have one language and that is business. We have no political mandate but we are the guardians of Kashmir economy”. He claimed that such delegations have been a failure in the past.

President of Federation Chamber of Industry Kashmir Zahoor Ahmad Bhat denounced the much-hyped delegation of industrialists accompanying Rahul Gandhi who did not meet any of the local trade and Industry chambers of Kashmir. “The Centre is not serious about the development of industry in J&K,” he alleged.

Bhat said: “The prime minister constituted a task force for recommending measures to be taken for development as well as rehabilitation of the industry in J&K. The task force submitted its report two years ago which is gathering dust in New Delhi. These delegations have always been used for political mileage. Many prominent industrialists in the past made huge promises to invest in Kashmir but never returned after their picnic here.”

The who’s who of India Inc, including Ratan Tata, Kumar Mangalam Birla, Rajiv Bajaj, Azim Premji and Deepak Parekh promised internships, campus placements and a centre for innovation to generate jobs for Kashmiri students during their visit.

“To have an interaction with such high profile businessmen is something that we might not be able to manage even if we go to the World Economic Forum,” said Basharat Ahmad, a Kashmir University student. He said that Ratan Tata’s promise to set up a placement cell at the university, Deepak Parekh’s pledge that HDFC would set up a training centre for financial sector requirements within the university, is a dream come true. “It will help Kashmiri students to get ready for the job market in corporate sector,” he added.

Faiza Bano, a Women’s College student, told Deccan Herald, “Rahul kept his promise made last year by bringing India Inc to Kashmir, it is now their turn to keep the promise.”

Go to Top

More from this section
Most trending stories
Photo Gallery
A worker applies colour to strings which will be used to fly kites, by a roadside in Ahmedabad...

A worker applies colour to strings which will be used to fly kites, by a roadside in Ahmedabad...

A girl collecting fallen Chinar leaves at a Mughal Garden on the out skirts of Srinagar...

A girl collecting fallen Chinar leaves at a Mughal Garden on the out skirts of Srinagar...

Prakash Raj speaks during a press conference to launch a campaign against the social media troll...

Prakash Raj speaks during a press conference to launch a campaign against the social media troll...

Virat Kohli during a practice session in Nagpur ahead of the 2nd test match...

Virat Kohli during a practice session in Nagpur ahead of the 2nd test match...

Bhuvneshwar Kumar during his marriage with the childhood friend Nupur Nagar....

Bhuvneshwar Kumar during his marriage with the childhood friend Nupur Nagar....

Hockey prayers during their first practice session at the Kalinga stadium...

Hockey prayers during their first practice session at the Kalinga stadium...

Yuki Bhambri of India plays against compatriot Prajnesh Gunneswaran...

Yuki Bhambri of India plays against compatriot Prajnesh Gunneswaran...

Sikh devotees paying obeisance at the Golden Temple on the martyrdom day of Guru Tegh Bahadur...

Sikh devotees paying obeisance at the Golden Temple on the martyrdom day of Guru Tegh Bahadur...

Vehicles moving at snow clad road after snowfall in Lahau...

Vehicles moving at snow clad road after snowfall in Lahau...

Sehwag and Kaif at the announcement of the inaugural edition of St. Moritz Ice Cricket...

Sehwag and Kaif at the announcement of the inaugural edition of St. Moritz Ice Cricket...

Like us on Facebook

Copyright 2017, The Printers (Mysore) Private Ltd., 75, M.G Road, Post Box 5331, Bengaluru - 560001
Tel: +91 (80) 25880000 Fax No. +91 (80) 25880523
Powered by Yodasoft Technologies Pvt. Ltd.