Jammu, March 4 -- Lieutenant Governor Manoj Sinha has reported substantial economic growth in Jammu and Kashmir in recent years, highlighting record tourist numbers in 2024 as a key indicator of the region's improving economic landscape.

According to Sinha, the territory has experienced significant advancement in industrial development and investment activities, positioning J&K on a positive trajectory.

The Lieutenant Governor emphasised the impact of the new central sector scheme, which features an allocation of Rs 28,400 crore and provides crucial incentives including capital investment support and interest subvention.

These financial mechanisms have become instrumental in driving industrial expansion throughout the region. Statistic...