"We want security and licenced weapons. The government should also compensate us for our losses in the arson on Friday," said Rakesh Gupta, president of the Kishtwar Chamber of Commerce.
Gupta alleged that members of the minority business community had incurred losses of a total Rs 80 crore in the clashes.
"If the government fails to fulfil our demands, we will migrate away from Kishtwar. We have been facing such attacks repeatedly," said Gupta, who lost his garment showroom in the arson.
Over 150 small and big business establishments were affected in the clashes, he said.
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"But the government will pay compensation of a few lakhs only and that is it," Gupta said.
A total of 68 shops, seven hotels and 35 vehicles were damaged in the violence which also led to three casualties, Jammu Divisional Commissioner Shantmanu had said.
"I have lost my entire business in a fire triggered by miscreants. Its value was over Rs 20 lakh and it was my livelihood," said Khushi Ram Shan, whose two shops dealing with plywood retail and hardware was burnt down on Friday.
"My shop was set on fire and my dream project is no more", he said.
Meanwhile, Principal Secretary (Home) Suresh Kumar told reporters here last night that there was "no threat of migration".
"We will take confidence building measures and provide security wherever needed," Kumar had said.