JAMMU AND KASHMIR ECONOMY : AN OVERVIEW

The economy of Jammu and Kashmir State has suffered badly from disturbed conditions prevailing in the State for almost more than two decades. It would, therefore, be necessary to put the economy back on track and accelerate the pace of growth of economy and make-up for the losses suffered. The Jammu and Kashmir state with its varied and diversified geographic, agro-climatic and topographic features witnesses very peculiar and unique problems of development and administration. Closed corner location, remoteness and isolation from major markets, scattered population, and lack of infrastructure and dislocation of normal civic life during the two decades ? all these factors and characteristics define special developmental challenges. This paper provides an overview about the Jammu and Kashmir economy. And suggest suitable measures to overcome the problems.