MHA has issued orders to suspend the LoC trade in Jammu & Kashmir w.e.f 19th April. This action has been taken as the Government of India has been receiving reports that the Cross LoC trade routes are being misused by the Pakistan based elements for various anti-national activities.
About LoC Trade
- It is meant to facilitate the exchange of goods of common use between local populations across the LoC in Jammu & Kashmir
- The trade is allowed through two Trade Facilitation Centres located at Salamabad & Chakkan-da-Bagh.
- The trade takes place four days a week.
- Trade is based on the Barter system and zero duty basis.
Jatin Verma's IAS Academy 