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The gross domestic product of Jammu and Kashmir was estimated at ₹ 1.76 lakh crore (equivalent to ₹ 2.1 trillion or US$24 billion in 2023) in 2020–21. [79] In the fiscal year 2023–2024, it is expected that Jammu and Kashmir's Gross Domestic Product (GDP) will exceed Rs 2.30 lakh crore, with a growth rate of 10 per cent. [80]
The chief minister of Jammu and Kashmir is the title given to the head of government of Jammu and Kashmir. As per the Constitution of India , the lieutenant governor is the union territory's de jure head, but de facto executive authority rests with the chief minister .
Jammu and Kashmir is a union territory in India under the terms of Article 239A (which was initially applied to Puducherry and is now also applicable to the union territory as per the Jammu and Kashmir Reorganisation Act, 2019) of the Constitution of India. Jammu and Kashmir has executive, legislative and judicial branches of government.
In December 2023, the first attempt to auction Jammu and Kashmir lithium failed. As the auction only received two bids, as per legislation a minimum of three bids is required for the auction to be considered valid. [39] [40] In July 2024 a second attempt by the central Indian government of auction Jammu and Kashmir's lithium failed to receive ...
The Jammu and Kashmir Legislative Assembly, also known as the Jammu and Kashmir Vidhan Sabha, is the legislature of Indian union territory of Jammu and Kashmir.. Prior to 2019, the State of Jammu and Kashmir had a bicameral legislature with a legislative assembly (lower house) and a legislative council (upper house).
The head of state is the Lieutenant Governor of Jammu and Kashmir, currently Manoj Sinha, while the head of government is the Chief Minister of Jammu and Kashmir, currently vacant. Legislative power is vested in the Legislative Assembly of Jammu and Kashmir , although this was dissolved by the Governor on 21 November 2018.
Mehbooba Mufti ministry was sworn in as Chief Minister of Jammu and Kashmir on 4 April 2016. The list of ministers: [1] [2] [3] Cabinet ministers. Portfolio Minister
The second Gupkar Declaration, was signed on 22 August 2020 by seven political parties, including National Conference, People's Democratic Party, Communist Party of India (Marxist), Jammu and Kashmir People's Conference, Awami National Conference, Indian National Congress and Jammu & Kashmir People's Movement. The signatories once again ...