Sagar expresses concern over rising inflation, unemployment

Excelsior Correspondent

SRINAGAR, Aug 21: National Conference today expressed concern over price rise of essential commodities, saying rising prices coupled with increasing joblessness are pushing poor households in Jammu and Kashmir to a point of distress.
While drawing the attention of the incumbent Government towards the distress signals of J&K economy due to pandemic and the resultant depleted saving, slashed incomes and job losses, the Party general secretary Ali Mohammad Sagar said that there was widespread disappointment in the people with the administration’s callous handling of economic distress.
Interacting with number of segment in charges, who had thronged the party headquarters Nawa-e-Subha to apprise him about the prevailing economic distress, unemployment, administrative inertia and widespread unaccountability in their respective segments and zones, Sagar said the lower middle classes and other marginalized sections are additionally burdened by the crunch of escalating price rise of all the basic commodities and mounting power and drinking water tariffs have further burdened them.
“The contracting JK economy already has had an adverse effect on the household incomes, the supercilious escalation of terrific basic public utilities and soaring inflation has pushed the people especially to wall. Let alone spending on clothing, medicine and education, people are not able to get two square meals for their families. It was expected that the crumbling economic activities in J&K post 5 August 2019 will have a restraining effect on Government’s taxation policy but the unabated rise in the electricity and water tariff has given slip to the unconcerned attitude of the Government,” he said.
Party’s provincial president Nasir Aslam Wani, central secretary Irfan Shah, central zone president Ali Muhammad Dar, district president Srinagar Peer Afaq, spokesperson Imran Nabi Dar, provincial secretary Showkat Ahmed Mir, North zone vice president Dr Sajad Shafi Uri, YNC provincial president Salman Ali Sagar, provincial women’s wing president Sabiya Qadri and Dr Syed were also present on the occasion.