Jammu and Kashmir Lt. Governor Manoj Sinha interacts with Chief Secretary Arun Kumar Mehta. File
| Photo Credit: PTI
Jammu and Kashmir’s GSDP is likely to double in the next five years with an emphasis on industries, agriculture, horticulture, tourism and the service sector, the Economic Survey 2022-23 of the Union Territory acknowledged.
The Economic Survey, which is a doc presenting an elaborate image of the financial system of Jammu and Kashmir for the closing monetary 12 months, mentioned that at present costs, the GSDP of the UT is predicted to report a progress of 15% which is at par with the nationwide degree.
“The economy of Jammu and Kashmir grew faster than the national average in recent years,” mentioned the report, which was launched by Chief Secretary Arun Kumar Mehta.
It added that Jammu and Kashmir is predicted to develop at 8% as in opposition to 7% at nationwide degree throughout 2022-23 at fixed costs The UT’s income efficiency (tax plus non-tax) can also be anticipated to double throughout the present 12 months, the report mentioned.
Mr. Mehta noticed that the doc is important in gauging the progress made by the Union Territory (UT).
The survey additionally applauded the time-bound insurance policies, motion plans and growth methods being applied to carry ahead and maintain the constructive atmosphere and momentum of financial growth.
Besides the doc brings forth the distinctive reformative initiatives like district good governance index, aspirational blocks growth programme, aspirational panchayat growth programme, and aspirational cities programme rolled out first time in the nation, the report famous.
Jammu and Kashmir obtained prime rankings in completely different parameters of registering progress and growth, it mentioned.
It was ranked one amongst UTs for its e-office uptake, renewable power growth, registration protection beneath e-SHRAM and issuing of SWAMITVA Cards, the report famous.
Jammu and Kashmir was ranked second in Nasha Mukt Abhiyaan and efficiency beneath Azadi Ka Amrit Mahostav.
It was third on the all-India degree in phrases of whole highway size constructed beneath the PMGSY, fourth in incremental progress of SDG and fifth in lowering regulatory compliances burden beneath ease of doing enterprise, the report mentioned.
In phrases of achievements, the highway community has been prolonged to all habitations with inhabitants over 250 individuals as per 2001 census, for facilitating progress and growth, it mentioned.
World class nationwide highways, expressways, tunnels, bridges, flyovers, ring roads are arising, Jammu and Kashmir’s rail hyperlink is predicted to be related to the nationwide community throughout 2023 and airports are additionally being upgraded, it mentioned.
Regarding energy technology capability, the report mentioned the identical is likely to be doubled in 4 years and tripled in the next eight years.
In the training sector the indications have proven notable enchancment, the report mentioned.
As far because the tourism sector is anxious, it mentioned that Jammu and Kashmir is creating 75 new vacationer locations, 75 heritage and cultural websites, 75 sufism and non secular websites and 75 journey treks and websites attracting potential for all of the 4 seasons in the areas of nature, journey, pilgrimage, heritage and sports activities.
Empowerment of panchayati raj establishments is proving a recreation changer, the report mentioned.
Under the PMAY(G), 30,381 households (1.14 lakh cumulative) have been offered monetary help for development of pucca homes and quite a few water our bodies have been rejuvenated beneath AmritSarovars scheme.
The chief secretary referred to as the doc a real account of “what we have achieved during the financial year”.
