Jammu and Kashmir (J&K) are a Union Territory (UT) of India, situated in the nation’s northern part and a worldwide vacationer location. Notwithstanding the customary recreational travel industry, a huge degree exists for the experience, journey, profound, and wellbeing of the travel industry.
The normal excellence and pleasant areas have made it a supported objective for travelers over the world. Jammu is acclaimed for its sanctuaries, while Kashmir Valley is known for its lakes and nurseries.
J&K has agro-climatic conditions most appropriate for agriculture and gardening. Agriculture is the backbone of the rustic economy, giving work to the enormous number of nearby occupants. Apple creation in J&K arrived at 1.74 million metric tons (MT) in 2017-18 (P).
The Gross State Domestic Product (GSDP) expanded at a CAGR of 10.00% between 2015-16 and 2018-19 to arrive at Rs. 1.56 trillion (US$ 22.31 billion).
As of August 2020, J&K# had an absolute introduced power-age limit of 3,422.27 MW, involving 1,812.35 MW under focal utilities, 1,535.48 MW under UT utilities, and 74.44 MW under private utilities.
The J&K government has a modern arrangement that offers alluring motivations alongside a solitary window freedom instrument. The land is apportioned at concessional rates in mechanical territories on rent for a very long time. The Skill Development Policy 2012-17 and the Sher-e-Kashmir Employment and Welfare Program for the Youth 2009 were the arrangements embraced by the Government to build up the abilities of the indigenous individuals of the Union Territory and offer better business openings.
J&K pulled in Foreign Direct Investment (FDI) value inflow worth US$ 6 million during the period between April 2000 and September 2019 as indicated by the information delivered by the Department for Promotion of Industry and Internal Trade (DPI).
All out fares from Jammu and Kashmir remained at US$ 196.43 million during 2018-19. It arrived at US$ 146.57 million during 2019-20 (till December 19).
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