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The Eid Slump kashmirlife.net - get the latest breaking news, showbiz & celebrity photos, sport news & rumours, viral videos and top stories from kashmirlife.net Daily Mail and Mail on Sunday newspapers.
Eid has ceased to be a business opportunity as the fall in liquidity and inflation has seriously crippled the purchasing capacity of the consumer. The politics and the pandemic is adding to the retail mess that is already facing serious competition from the online, reports Ibtisam Fayaz Khan A Kashmiri girl decorating her hands with the henna ahead of the Muslim festival of Eid-Ul-Azha, being celebrated in Kashmir on July 21, 2021. KL Image: Bilal Bahadur Eid in Kashmir, like the rest of the world, is not a matter of faith alone. It is a roaring business, too. For one or the other reasons, the last four Eid festivals, starting in 2019, were seriously impacted in Kashmir. The continuous recession in the Kashmir markets details the costs. As the customer capacity got compromised, the market viability took a hit. ....