Srinagar, Jan. 15 -- Kashmir is experiencing a slow yet deeply consequential economic decline- one that cannot be attributed solely/ blindly to political sector disturbances, international conflicts/ instabilities, or external factors. While these factors have played a role to a certain extent, but a growing portion of the crisis is internally generated. Shifting social values, weakening work culture, lacking skills, luxurious living standards, declining self-reliance, and unsustainable consumption patterns have collectively undermined the region's economic foundations. Extravagance and Lifestyle Inflation Two major factors have severely weakened the economic backbone of Kashmiri households: extravagant social customs and unsustainable li...
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