#JKEconomy Archives | Kashmir POST

J&K Bank’s Big Lending Shift: Why 30.9% Growth Outside J&K Is Raising Questions at Home

September 7, 2026 Editor

J&K Bank Lending Row: 30.9% Growth Outside J&K vs 9.3% in UT Raises Questions Over Local Credit By: News Desk | 06 September 2026 As J&K Bank posts record ₹2,363 crore profit, the sharp difference in credit growth between its home market and operations outside the Union Territory has triggered a wider debate over profitability, local development and the bank’s historic role in Jammu & Kashmir Srinagar: The numbers tell a story that is difficult to ignore. Jammu & Kashmir Bank ended the financial year 2025-26 with its highest-ever annual…

“200 Units Free” to Higher Bills: Why J&K’s 6.83% Power Hike Has Triggered a Political Storm

August 23, 2026 Editor

J&K Power Tariff Hike Sparks Political Storm: Opposition Calls It a “Betrayal” of 200-Unit Free Electricity Promise By: Javid Amin | 22 Aug 2026 J&K power tariff hike | 6.83% electricity tariff increase | 200 units free electricity | Omar Abdullah government | JERC tariff 2026 The electricity bill in Jammu and Kashmir has suddenly become a political bill as well. The Joint Electricity Regulatory Commission (JERC) has approved an average 6.83% increase in electricity tariffs, with the revised rates applying to consumption from September 1, 2026. The decision has…

Jammu & Kashmir’s 7,768 MW Hydropower Surge: 15 Projects Under Way to Transform the UT into an Energy Hub

November 6, 2025 Editor

Jammu & Kashmir is executing 15 major hydropower projects totaling 7,768 MW, aiming to transform the region into a power-surplus hub. By: Javid Amin | 05 November 2025 The Union Territory of Jammu & Kashmir (J&K) is on the cusp of a major energy transformation. With an estimated hydropower potential of around 18,000 MW, the region has so far harnessed only approximately 3,540 MW. But now, 15 major hydropower projects aggregating 7,768 MW are at various stages of execution — a move that signals a bold step toward making J&K…

Jammu & Kashmir’s Economy Under Acute Stress in 2025

October 30, 2025 Editor

Jammu & Kashmir Economy 2025 | Tourism, Transport, Horticulture in Crisis By: Javid Amin | 29 October 2025 A Region in Economic Freefall The union territory of Jammu & Kashmir (J&K) is experiencing what can only be described as a deepening economic crisis in 2025. Once heralded as the “Paradise on Earth” with a booming tourist economy, vibrant horticulture (especially apples) and a thriving informal trade network, the region now finds many of its key sectors reeling from a cascade of shocks.From air and road transport disruptions to landslides, from…

Excise Department to E-Auction 305 Liquor Vends Amid Ban Controversy

February 17, 2025 Editor

Excise Department to e-auction 305 vends amid ban row Amid ongoing controversy over the demand for a ban on the sale of alcohol in Jammu and Kashmir, the Excise Department has unveiled the excise policy for the 2025-26 period, which includes the e-auction of a total of 305 liquor vends across the Union Territory. The 305 vends will include 14 in the Valley, where the call for a ban on liquor in J&K was first raised. This policy comes at a time when political and religious leaders have expressed differing…

MSME Crisis: J&K Suffers 700 Closures in Four Years, Part of National Struggle

December 6, 2024 Editor

700 MSMEs shut shop in J&K in 4 years; The closures in J&K are part of a larger nationwide trend, with 61,469 industrial units, including 60,909 micro, 507 small, and 53 medium-scale enterprises, closing during the same period Srinagar, Dec 5: In a significant blow to Jammu and Kashmir’s industrial landscape, over 700 Micro, Small, and Medium Enterprises (MSMEs) have shut down operations in the past four years. According to a written reply by Union Minister of Commerce and Industry Piyush Goyal in the Lok Sabha, 701 industrial units, including…