National Conference (NC) vice president Omar Abdullah on Monday said the economy of Jammu and Kashmir is on the “brink of collapse” as every sector in the union territory has suffered losses in the last two years. Addressing a meeting of the party's constituency in-charges of north Kashmir's Baramulla District at party headquarters Nawa-e-Subha here, Abdullah expressed concern over “the soaring unemployment” in Jammu and Kashmir and the alleged rising incidents of suicide among the youth.
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