Corporatisation of J&K’s Retail

Corporatisation of J&K’s Retail

The retail sector which has already been suffering from a long economic winter in the region deserves safeguards rather than throwing them in an arena which they are not prepared to fight.

J&K’s Unfolding Economic Black Hole

J&K’s Unfolding Economic Black Hole

Besides Kashmir economy, the economic stress on the other side of the Jawahar Tunnel i.e., in Jammu division has started to become quite tangible. Economies, no matter how small, take decades to create and sustain balanced exchanges which support and strengthen the participating entities.

Stagflation in J&K

Stagflation in J&K

This untamed Inflation is making it excruciatingly hard for economically vulnerable sections of the society to make ends meet. To make the situation even worse, the contraction in J&Ks economy since August 5, 2019 as per various independent estimates has been a staggering negative 20-25%.

Sustaining Lockdown 3.0

Sustaining Lockdown 3.0

There is a need for a smart lockdown rather than a complete lockdown after the infections are plateaued. Importantly, the administration has to come up with an exhaustive vaccination program on a war footing. That alone will make this lockdown worth bearing.

J&K’s Socio-Economic Irony

J&K’s Socio-Economic Irony

One can’t help but only wonder if J&K has managed to not just survive but surprisingly outperform in many socio-economic factors despite living through a consistent vortex of political unrest, the level of economic emancipation in normal scenarios would have been at a different level altogether.

Demystifying J&K’s Budget 2021-22

Demystifying J&K’s Budget 2021-22

Laden in the velvet of rhetoric and glossed with a selectively chosen set of numbers, the idea is to project an image of achievement, progress and growth while carefully working around the not-so-pleasing statistics in order to maintain the public confidence in the policies.

Loans, Deposits And Defaults: J&K Economy From The Rear View-Part III

Loans, Deposits And Defaults: J&K Economy From The Rear View-Part III

The inferences drawn from the performance of advances, deposits and NPAs in the last 24 years of J&K economy reflect a pattern of decelerating economy with plummeting savings, unhealthy composition of credit and rising levels of failed businesses. The last 6 years have been one of the worst periods in terms of credit growth since financial year 1996-97

State Finances: J&K Economy From The Rear View-Part II

State Finances: J&K Economy From The Rear View-Part II

In terms of its tax payments, people of J&K are therefore paying proportionally better than economically most vibrant states of India. This is despite J&K falling in the bottom 20 percentile states in terms of the per capita income

J&K Economy from Rear View

J&K Economy from Rear View

Measuring from a wider time frame i.e. from 1996 till 2019, JK’s per capita income has grown at an average of around 3.38% compared to an impressive all India average of 5.41%. Which implies that in real terms (adjusted for inflation), nationally the income is doubled every 13.30 years, while in case of J&K it takes around 21.30 years for the same.

Policy Logjam: Beyond Subsidies and Land Banks

Policy Logjam: Beyond Subsidies and Land Banks

Given the involvement of some very powerful and comparatively competent bureaucratic offices from both centre and the UT and the amount of time it took to come up with a tangible policy; the expectation was something of the scale of industrial reforms encompassing the entire industrial ecosystem

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