First anniversary of Pahalgam attack: Closure of Baisaran Valley causes loss of Rs 10,000 crore, CTI appeals to PM

Pahalgam Attack Anniversary: ​​26 people were killed in the terrorist attack in Baisaran Valley in Pahalgam on April 22, the painful memories of which still shake the country and raise questions on security.

 

 

The closure of Baisaran Valley in Kashmir has resulted in a loss of Rs 10,000 crore.

 

Pahalgam Terror Attack 2025: The terrorist attack that took place in Pahalgam, Kashmir, on April 22nd last year is still fresh in people's minds. On that day, terrorists targeted civilians in the Baisaran Valley, killing approximately 26 people. Beautiful valleys ran red with blood, and this incident, which shook the entire nation, continues to leave questions even a year later.

Following the attack, the Baisaran Valley was closed to tourists for security reasons, a restriction that remains in effect until now. This closure has directly impacted the local economy. Nearly 5,000 families in Pahalgam and surrounding areas involved in hotels, restaurants, dhabas, taxis, horse and pony businesses are still struggling financially.

CTI writes to PM Modi, demands review

The Chamber of Trade and Industry (CTI), the apex trade body, has written to Prime Minister Narendra Modi regarding this issue . CTI Chairman Brijesh Goyal has demanded a re-evaluation of the situation in and around the Baisaran Valley. He says that if security is fully strengthened, the valley should be considered for reopening to tourists.

Situation normal, peace prevails – Local Hotel Association

Javed Burja, president of the Pahalgam Hotel Association, contacted CTI to provide the current situation. According to him, the area is now completely peaceful and normalcy has returned. Despite this, the closure of the valley is severely impacting local businesses.

A sharp decline in the number of tourists

According to Javed Burja, tourist numbers have dropped to just 15 to 20 percent in the past year. This has virtually shut down hotels, restaurants, eateries, and other tourism-based businesses. He believes that reopening the valley could give tourism a new boost.

An estimated loss of 10 thousand crores

According to CTI estimates, the incident has resulted in business losses in Kashmir of approximately 10,000 crore rupees. Brijesh Goyal says the government should inspect the area with strict security measures and, if satisfied, reopen the Baisaran Valley.

The opening of the valley will send a positive message.

CTI believes that reopening the Baisaran Valley will not only send a strong message against terrorism but also be a true tribute to those killed in the attack. It will revitalize Kashmir's tourism and hospitality sector and provide relief to thousands of affected families.