Fiscal future of J&K

Jammu and Kashmir stands at a crucial juncture in its economic journey. Blessed with extraordinary natural resources, abundant water reserves, valuable mineral deposits, internationally recognised tourism destinations and immense human potential, the region possesses the foundations of a prosperous economy. Yet, despite these advantages, its financial structure remains substantially dependent upon assistance from the Government of India.

This contradiction between enormous economic potential and continuing fiscal dependence raises fundamental questions about developmental priorities and the…