SRINAGAR (KIMS) — Deputy Chief Minister, Surinder Kumar Choudhary, today emphasised on bringing vibrancy in the industries sector for economic growth and employment creation for the people of Jammu and Kashmir. The Minister said this while taking review of the industries sector here at Civil Secretariat, Srinagar. He underscored the importance of revitalizing the industries […]
Tag: Economy
J&K Bank profit rises 27% to Rs 415 crore in April-June quarter
SRINAGAR — J&K Bank on Saturday reported a 27 percent rise in net profit to Rs 415 crore in the April-June quarter of 2024-25 compared to the year-ago period. The bank had posted a net profit of Rs 326 crore in the April-June period of the previous year. Total income in the first quarter of […]
Budget focus on productivity, resilience in agriculture to benefit J&K: LG Sinha
SRINAGAR — Jammu and Kashmir Lieutenant Governor Manoj Sinha on Tuesday welcomed the Union Budget 2024-25, saying its focus on “productivity and resilience in agriculture will greatly benefit” the Union Territory. Sinha also said the budget “seeks to translate the vision of empowering all sections of the population”. “Focus on productivity and resilience in agriculture […]
J&K business community describes Budget as positive but mixed
JAMMU — The business and industrial community in Jammu & Kashmir described the 2024-25 Budget as “mixed”, praising the government for emphasizing agriculture, MSMEs, startups, and industrial development, which are crucial growth engines for the country. However, they noted that Jammu & Kashmir did not get special attention compared to other states this time. “We […]
Once hub of genuine handicrafts, ‘Kashmir Haat’ now lies in shambles
SRINAGAR — Kashmir Haat, which was built here nearly six decades ago to provide a marketing platform to the people associated with handicrafts including artisans today lies in shambles with most of the shopkeepers ruing lack of customer footfall. The shopkeepers claim the all-time high number of tourists that visited Kashmir last year did not […]