Kashmir Markets Lack Festive Spirit Ahead Of Eid Amid Economic Distress News24 –

As Eid approaches, the vibrant festive buzz that typically fills the markets of Kashmir is conspicuously absent this year, leaving shopkeepers and buyers alike grappling with economic distress. From the bustling Lal Chowk Market in Srinagar to the main towns of Anantnag, Pulwama, Baramulla, and Kupwar,a store owners find themselves surrounded by unsold stock, with customers noticeably fewer and more cautious than in previous years.

Locals at Lal Chowk shared their concerns with News24, noting that while economic stress has been a persistent issue, people would usually manage to set aside some funds to celebrate Eid. However, recent events, particularly the devastating attack in Pahalgam that severely impacted the tourism sector, have exacerbated the situation. This has further strained household budgets and contributed to the desolate appearance of markets just days before the festival.

“By this time last year, most of my stock was already exhausted,” lamented Mudasir Ahmad, a trader from Srinagar. “This year, I haven’t even sold one-third of my stock so far.”

Traders attribute the slump in sales to rising inflation, increasing unemployment, and the aftermath of the Pahalgam attack. “People are choosing survival over luxury and celebrations,” said Rouf Ahmad, a local resident.

Despite the grim outlook, some shopkeepers remain cautiously optimistic. “Many people make purchases just days before Eid,” said Imran Lone, a garment shopkeeper, “We’re waiting for that last-minute rush on this Eid.”

Kashmir’s economic landscape has been further battered by inflation, a downturn in tourism, and limited job opportunities, casting a shadow over what is traditionally a time of joy and heightened activity. As Eid draws near, the muted mood across the markets reflects the broader anxieties felt throughout the Valley, leaving many to wonder if this year’s celebrations will be as memorable as those in the past.