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Promoting Local Economy

23 0
21.05.2026

As per reports Jammu & Kashmir has spent over Rs.1.58 crore on capital expenditure during 2021-22 to 2024-25 with an additional outlay of Rs.32,607 crore earmarked for 2026-27 making a total of Rs.1.90 lakh crore for the said six years. J& K economy is mentioned to have demonstrated encouraging momentum in recent years with annual nominal growth rate of around 11 percent during 2024-25. It is stated to have emerged as one of the fast growing Union Territories with GST revenue collections increasing from Rs. 8,064 crore in 2023-24 to Rs. 8,586 crore in 2024-25. Year 2025 is described to have a record 1.78 crore tourist visits. Despite these green indicators Srinagar side does not reflect the matching impact which beseeches reason and solution.

Public investments in Jammu & Kashmir are failing to benefit local industry as 3,61,146 educated unemployed youth standing registered........

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