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Government has suspended the LoC trade in Jammu and Kashmir

Newdelhi:19/4/19:The government has suspended the LoC trade in Jammu and Kashmir from Friday, April 19.

The Home Ministry has issued an order in this regard.

The decision was taken as the government has been receiving reports that the Cross LoC trade routes are being misused by the Pakistan-based elements for funnelling illegal weapons, narcotics and fake currency.

The LoC trade is meant to facilitate the exchange of goods of common use between local populations across the LoC in Jammu and Kashmir.

The trade is allowed through two Trade Facilitation Centres located at Salamabad, Uri, District Baramulla and Chakkan-da-Bagh of District Poonch. The trade is based on the Barter system and zero duty basis.

The Ministry said, the reports have been received that the LoC trade is being misused on a very large scale. It said, unscrupulous and anti-national elements are using the route as a conduit for Hawala money, drugs and weapons, under the garb of this trade.

After the Pulwama incident, Government had withdrawn the Most Favoured Nation status to Pakistan. The Home Ministry said, inputs have also been received that in order to evade the consequent higher duty, LoC trade is likely to be misused to a much larger extent.

Sources in the Ministry said, the main objective of allowing LoC trade between Jammu and Kashmir and Pakistan occupied areas of Jammu and Kashmir was to encourage local trade and exchange of locally made and grown products

About Ashok Palit

Ashok Palit has completed his graduation from Upendranath College Soro, Balasore and post graduation from Utkal University in Odia Language and literture.. He has also carved out a niche for himself as a scribe of eminence after joining the profession in 1988. He is also an independent media production professional. He brings loads of experience to Advanced Media, Ashok Palit as a cineaste has been active in film criticism for over three decades. As a film society activist, he soared to eminence for his profound commitment to the art film appreciation and aesthetics of cinema. His mode of discourse is often erudite but always lucid and comprehensible marked by a perfect acumen so rare in the field. A film aesthete with an immense fond of critical sensibilities, he wrote about growth and development of odia cinema in New Indian Express, The Times of India, The Hindustan Times, The Asian Age and Screen. He has been working as an Editor for Cine Samaya from 2002-2004.. He had made solid contribution on cinema in many odia Dailies and weekly such as Samaj, Prajatantra, Dharatri, Samaya, Satabadi, and weekly Samaya.

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