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Many of the states of India have large GDP (called gross state product) which would rank highly on a list of countries by GDP. These figures are based on the World Bank list on List of countries by GDP (PPP) for world GDP, and the States of India by size of economy figures.
Jammu [b] and Kashmir [c] (abbreviated J&K) is a region administered by India as a union territory [1] and consists of the southern portion of the larger Kashmir region, which has been the subject of a dispute between India and Pakistan since 1947 and between India and China since 1959. [3]
Kashmir (/ ˈ k æ ʃ m ɪər / KASH-meer or / k æ ʃ ˈ m ɪər / kash-MEER) is the northernmost geographical region of the Indian subcontinent.Until the mid-19th century, the term "Kashmir" denoted only the Kashmir Valley between the Great Himalayas and the Pir Panjal Range.
These are lists of Indian states and union territories by their nominal gross state domestic product (GSDP). GSDP is the sum of all value added by industries within each state or union territory and serves as a counterpart to the national gross domestic product (GDP). [ 1 ]
The economy of Kashmir is largely a developing one. The per capita income and provincial GDP estimates of Azad Kashmir are comparatively underrated when compared with development in other regions of the country, although Azad Kashmir notably has a literacy rate that is substantially above the national average. [ 1 ]
Jammu and Kashmir was the only Indian state to have its own official state flag, along with India's national flag, [97] in addition to a separate constitution. Designed by the then ruling National Conference, the flag of Jammu and Kashmir featured a plough on a red background symbolising labour; it replaced the Maharaja's state flag.
The Karkota dynasty (c. 625 − 855 CE) ruled over the Kashmir valley and some northern parts of the Indian subcontinent during 7th and 8th centuries. Their rule saw a period of political expansion, economic prosperity and emergence of Kashmir as a centre of culture and scholarship.
The Government of India could declare a state of emergency in Jammu and Kashmir and impose Governor's rule in certain conditions. The state had its own constitution other than applicable Indian constitution. [10] Part XII of the Jammu and Kashmir state constitution made provision to amend its constitution with a two-thirds majority by the state ...