Forty-seven-year-old Mohammad Sultan is a worried man. The Srinagar taxi owner bought a brand new Toyota Crysta car for Rs 19 lakh, exclusively for tourists right at the start of the Amarnath Yatra in July. He hoped to do some brisk business at the tourist taxi stand on the boulevard road. He paid Rs 10 lakh from his pocket and took a bank loan of another nine lakh. Little did he know that all his hopes would be dashed to the ground right in the middle of a thriving tourism season. For just when Amarnath yatra had peaked, the news of scrapping of Article 370 came as a bolt from the blue bringing Kashmir to a halt and its economy.
Forty-seven-year-old Mohammad Sultan is a worried man. The Srinagar taxi owner bought a brand new Toyota Crysta car for Rs 19 lakh, exclusively for tourists right at the start of the Amarnath Yatra in July. He hoped to do some brisk business at the tourist taxi stand on the boulevard road. He paid Rs 10 lakh from his pocket and took a bank loan of another nine lakh. Little did he know that all his hopes would be dashed to the ground right in the middle of a thriving tourism season. For just when Amarnath yatra had peaked, the news of scrapping of Article 370 came as a bolt from the blue bringing Kashmir to a halt and its economy.


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