J&K’s Financial Woes Deepen: Debt Balloons Srinagar, Aug 1: Jammu and Kashmir is facing mounting financial pressure as its total liabilities have swelled to a staggering Rs 1,12,797 crore in the fiscal year 2022-23, according to recent budget figures. The public debt, which forms a significant portion of the total liabilities, stands at Rs 69,617 crore. This includes Rs 68,786 crore in internal liabilities and Rs 831 crore in loans and advances from the Central government. The remaining Rs 43,180 crore comprises other liabilities, including insurance and pension funds (Rs 1,331…
Read MoreJ&K Debt Soars: Liabilities Triple in 10 Years
