The Economy Of Jammu Kashmir

The Present Work Is An Introduction To Different Economic Indicators Contributing To The Development Of Defferent Sectors Of The Economy Of Jammu And Kashmir State. It Weill Prove Useful And Informative To The Planners, Policy Makers In The Government And To Social Researchers Everywhere.

Article 370 of the Constitution of India relating to special status of the State of Jammu and Kashmir is now sixty-nine years old. It is the only state in the Union of India which negotiated the terms of its membership with the Union. The state acceded to India under ‘unique circumstances’ and the ‘unique problems’ existing within the state require a ‘unique solution’. One such problem is the impact of Article 370 on its capable economy. Kashmir’s tourism is an under developed sector which nevertheless fuels its economy. It is abundantly rich in natural resources including fertile lands, rivers, and various other resources which otherwise would have contributed towards a flourishing economy. Despite this, the economy of the state has not been able to grow at an expected pace. The authors argue that it is because of the presence of Article 370 and the resulting socio political conditions, the economy is in a sorry state. The constitutional provision giving special status ensures that no outsider can buy land or start any business, which makes it difficult to invest in the state. Also, the provision gives a limited space to the central government in the economic domain and in consequence to pool substantial resources for consolidating the economy. The authors’ idea is to bring forth how this politico-legal provision has shaped the economy of the state and how the functioning is to be changed for a better future.

Efforts to develop warmer relations between South Asia¿s two nuclear powers, India and Pakistan, will not succeed unless political violence in Kashmir is reduced. One of the key factors sustaining that violence is the dearth of economic opportunities, which ensures a steady supply of disaffected recruits to terrorists and militant groups. This report sketches the turbulent history of Kashmir from its division in 1947 through the revolt of 1989-90 to 2003, and then explores the economic dimensions of the conflict and the opportunities for peacebuilding. The governments of India and Pakistan, together with political leaders in Kashmir, must take the lead in promoting economic dev¿t., but they require the assistance of internat. financial institutions and of the U.S.

This book endows with a lucid exposition and comprehensive analysis of almost all sectors of J&K economy. This book is a collection of some research papers published in various journals and is written in reader-friendly style and is designed to acquaint students, scholars, and other readers about the fundamental aspects of the State economy like agriculture, horticulture, sericulture, power, health, handicraft and so on. In short, this book is designed to provide readers an overview of the Jammu and Kashmir Economy.

This book argues that inequality of basic freedoms—economic, political, sociocultural—is a central cause of fragility and challenge to job creation in fragile geopolitical situations. ​It is based on extensive official data and stakeholder interactions in the conflict-ridden Indian border state of Jammu and Kashmir, and involves a case study research methodology. This is the first book which invokes the philosophical perspective of freedom to analyze two of the most pressing challenges of our time—fragility and job creation—and, as such, makes a fundamental contribution to both strands of academic and policy literature. From this perspective, development in the sense of freedoms—particularly the enhancement of human agency through jobs—should be a central strategy in tackling fragility. Most literature on Indian Kashmir has been emotional or political in nature, lacking the serious yet interesting multidisciplinary focus presented here—which is a historical assessment of Kashmir’s political economy, economic indices, employment patterns, challenges of infrastructure and human capital. Ending with a set of long-, medium- and immediate-term policy recommendations to address the challenge of jobs in the state, this is the only book on Indian Kashmir which is at once philosophical, social-scientific and policy-oriented in nature. Academics in development studies, regional development, political science and international relations, international organizations working in fragile regions around the world, national and international policymakers, the private sector, civil society, media as well as ordinary readers interested in the issue of Kashmir will find it engaging and useful.