Kashmiri Saffron Soars to Rs 5 Lakh Amid Indo-Pak Tensions
Kashmiri saffron prices have skyrocketed, now touching Rs 5 lakh per kg. After the Pahalgam attack, tourism and trade have been affected, which has led to a jump in the prices of saffron. The closure of the Attari-Wagah border due to Indo-Pak tensions has affected the sale of Afghan saffron, which has increased the price of Kashmiri saffron.
After the Pahalgam attack in Jammu and Kashmir, tourism and economic trade have been deeply hurt. Meanwhile, Kashmiri saffron is quite popular in Kashmir. After the Pahalgam attack, the rates of saffron are skyrocketing. In fact, the price of Kashmir saffron has reached Rs 5 lakh per ten grams. If this price is compared, then the price of saffron is not less than gold. Before the Pahalgam attack, the price of high saffron was around Rs 4.50 lakh, but in 10 days, the price of saffron has jumped by about 50 thousand.
How the price of saffron increased
The price of Kashmir high quality saffron is always in lakhs but this time there is a tremendous jump in the prices of saffron. The reason for this is the increasing tension between India and Pakistan, because after the Pahalgam attack, India has taken strict action against Pakistan. India has closed the Attari-Wagah border, due to which the sale of saffron from Afghanistan will not be able to be done in India, due to which the price of Kashmiri saffron has increased rapidly.
Kaiser's yield in Kashmir
Saffron is counted among the spices, which provides many benefits to health. The yield of saffron in India is about 55 tonnes and in Kashmir about 7 tonnes of saffron is cultivated. Srinagar, Pulwama in Jammu and Kashmir. Saffron is cultivated in Kishtwar and Budgam. Let us know that Kashmir's saffron has also got a GI tag.