ECONOMY WORSENS IN KASHMIR

Kashmir short of essentials after blockade - Reuters, 5 August 2008.
Blockade of Kashmir Valley To Continue - KO, 4 August 2008.
Carpet, Shawl Industry In Deep Slump - KO, 31 July 2008.
UPDATE: J&K industry may lose 15 billion rupees - Reuters, 13 August 2008.

It wasn't all that great to begin with, the economy it is.