Started with much fanfare in 2008, the cross-LoC trade was suspended in April 2019 due to terror funding, pumping of fake currency, and supply of arms forces.
Multiple locations in Jammu and Kashmir were on Thursday raided by the National Investigation Agency (NIA), in connection with a major crackdown on cross-LoC (Line of Control) trade and a terror-financing case.
Sleuths of NIA conducted raids on the second consecutive day. On Wednesday, raids were conducted in connection with funds generated through cross-LoC trade to finance terror outfits
The searches were conducted at nine places in J&K in its ongoing probe in connection with a large scale transfer of funds from Pakistan to India through the import of California Almonds (Badam Giri) through cross LOC trade routes