The Union Home Ministry has ordered "immediate" withdrawal of over 7,000 paramilitary troops from Kashmir after a security review, officials said on Tuesday. A total of 72 companies of Central Armed Police Forces (CAPFs) have been ordered to "revert" to their locations across the country, they said.
One such company has about 100 personnel. These units drawn from the CRPF, BSF, ITBP, CISF and the SSB were sent to the Kashmir Valley after the Centre abrogated Article 370 provisions in Jammu and Kashmir. As per the order issued on Monday, while 24 companies of the Central Reserve Police Force are being withdrawn, 12 each of the Border Security Force, Central Industrial Security Force, Indo-Tibetan Border Police and Sashastra Seema Bal are being sent back.
About 20 such companies were withdrawn from the valley early this month.
The Kashmir economy suffered loss to the tune of Rs 17,878 crore in four months of restrictions and shutdown in the valley following abrogation of Article 370 and creation of two union territories out of Jammu and Kashmir, a trade body said earlier. Releasing a comprehensive sector-wise report on losses due to disturbance after the August 5 announcement by Home Minister Amit Shah, the Kashmir Chamber of Commerce and Industry (KCCI) said the losses have been assessed based on Jammu and Kashmir's gross domestic product of 2017-18.
"The study has focused on the 10 districts of Kashmir Valley comprising 55 per cent of the total population of Jammu and Kashmir. A time span of 120 days has been assumed for the calculations. As per this method, Kashmir's economy has suffered a loss of Rs 17,878.18 crores," the report said.
An assessment based on actual number of unit holders and persons engaged in each sector, job and financial losses suffered by them was undertaken, it said.
/newsnation-english/media/agency_attachments/2024-07-23t155806234z-logo-webp.webp){kind=logo}
Follow Us/newsnation-english/media/post_attachments/images/2019/12/24/terroristpti14867086-117.jpg)