Kashmir crisis leaves lucrative apple orchards to rot

Farmers in Kashmir are deliberately leaving their apples to rot, undermining the restive territory’s most lucrative export as bitterness toward the Indian government grows. (AFP)
Updated 29 September 2019

Kashmir crisis leaves lucrative apple orchards to rot

  • New Delhi has deployed tens of thousands of extra troops since early August
  • Farmers have joined in the rebuke of India’s actions by deliberately sabotaging a crop vital to the local economy

SHOPIAN, Kashmir: Farmers in Kashmir are deliberately leaving their apples to rot, undermining the restive territory’s most lucrative export as bitterness toward the Indian government grows.
New Delhi has deployed tens of thousands of extra troops since early August, when it scrapped the region’s decades-old semi-autonomous status, and brought in a communications blockade that cut off Kashmiris from the outside world.
Political leaders and thousands of civilians have been arrested, with allegations of torture and abuse levelled at authorities — which deny them — and protests have since raged.
Either in anger or at the urging of local militants, farmers have joined in the rebuke of India’s actions by deliberately sabotaging a crop vital to the local economy.
The fertile Himalayan region usually sells hundreds of millions of dollars worth of apples each year, and more than half of Kashmiris are engaged directly or indirectly in cultivation.
At one orchard in central Shopian district, Ghulam Nabi Malik and his brother usually sell 7,000 boxes of apples a year for markets and kitchen tables across India, earning them some seven million rupees (nearly $100,000).
Their land is now idle, with branches sagging under the weight of unpicked fruit.
“Let it rot on the trees,” Malik said.
Amid the latest unrest, Malik told AFP that harvesting would allow the Indian government “to tell the world that everything is fine in Kashmir.”
And everything, he says, is far from fine.
Militants have circulated letters and stuck posters outside mosques, appealing to orchard owners not to harvest and instead join the “resistance.”
“Apple growers and students are ready to sacrifice this year and not betray the blood of martyrs,” reads one such notice, nailed to a wooden post and signed by a local rebel commander.
Many farmers say they are willing participants in the campaign, although there have been threats and one orchard owner — a local bigwig close to Prime Minister Narendra Modi’s party — was attacked.
In one village, a former police officer who deserted to join a rebel group set fire to empty boxes his own family had bought for packing fruit.
Militants have also put pressure on fuel stations, forcing off the roads many trucks needed to transport the fruit.
But locals insisted to AFP that the insurgents were not the reason for abandoning what they say is a bumper crop this year.
“To leave the ripe apples rotting on the trees is the only form of protest we can do under the current circumstances,” Malik said.
People say they are more frightened of Indian security forces, who often haul away young men from villages at night.
“There is fear (of the militants), but it’s not like the fear of the state forces,” said one villager who declined to be named, fearing reprisal.
Modi says that with tens of thousands killed in Kashmir’s 30-year-old anti-India insurgency, his government has acted to end “a vicious cycle of terrorism, violence, separatism and corruption.”
New Delhi says most Kashmiris support its move but are scared to say so out of fear of “terrorists” backed by arch-rival Pakistan, which has fought two wars with India over the territory.
The state government has tried to resolve the situation with the apples by promising security for growers and offering to buy apples directly.
It insists these measures are working.
Deliveries of apples to market were only down by around 25 percent, said Metharam Kriplani of the New Delhi-based Kashmir Apple Merchants Association.
The “biggest problem” facing buyers was the lack of phone lines as a result of the region’s communications lockdown, he said.
But growers that spoke to AFP have refused the offer of government support, and fruit markets in Shopian and elsewhere in Kashmir are empty — despite some traders claiming that local authorities attempted to browbeat them into opening as normal.
The authorities “threatened that they would destroy the shops (at the market) if we didn’t open. But the market is deserted,” said Bashir Ahmad Bashir, head of the local fruit-growers association.


KSE-100 remains bullish after IMF mission recommended second tranche for Pakistan

Updated 11 November 2019

KSE-100 remains bullish after IMF mission recommended second tranche for Pakistan

  • Statistics show the stock market has given a return of 14.10 percent since July 1
  • Analysts believe Pakistan’s external position is comfortable now

KARACHI: Pakistan’s KSE-100 index continued its bullish steak for eighth consecutive sessions as it surged by 2.24 percent on Monday, witnessing a spike of 825 points, in the wake of the recommendation issued by the International Monetary Fund’s Pakistan mission to release the second tranche of $450 million for the South Asian country that is still grappling with economic challenges.
The longest bullish spell in a year was witnessed at the Pakistan bourse following “easing political noise, MSCI emerging market status quo and IMF affirmations over the achievement of First Quarter Performance Criteria by good margins,” Ahsan Mehanti, senior equity analyst, commented.
After the first review of the overall economic performance of the country under the IMF’s $6 billion bailout program, the Fund on Friday declared that the Pakistani authorities had met all performance criteria with comfortable margins.
Following the performance review, Pakistan and the IMF reached a staff-level agreement that paved the way for the second tranche of $450 million that the country expects in December this year.
Analysts say that amid the bullish spell, the equity market’s benchmark KSE 100 Index has witnessed a surge of about 7000 points from its lows. They add that the stock market has given a return of 14.10 percent since July 1.
“The external position of Pakistan seems comfortable now. The political tension has also defused, national saving scheme (NSS) rate cut and IMF review have played a vital role in putting the market on an upward trajectory,” Samiullah Tariq, Director Research at Arif Habib Limited, told Arab News.
On Monday, the market volumes increased from 210.6 million to 283 million shares, contributed mostly by banks, cement firms and the technology sector.
Pakistan’s capital markets are said to be attractive for foreign investors who had spent $675 million in treasury bills (T-Bills) and $3 million in Pakistan Investment Bonds (PIBs) by November 11, 2018.
However, the equity market witnessed outflows of $30 million since July 2019, according to the State Bank of Pakistan (SBP) and AHL Research.
During the past eight sessions, the domestic equity bourse rose by 9 percent or 3,042 points.
Previously, the market had exhibited such a trend on November 2, 2018, when it shot up by 11.4 percent or 4,289 points.