Reflecting a steady post-pandemic recovery and improved fiscal management, the economy of Jammu and Kashmir is projected to grow by 5.82 percent in real terms in 2025–26, according to the Economic Survey Report 2025–26 tabled today here in the Legislative Assembly.
The union Territory’s real Gross State Domestic Product (GSDP) is estimated to expand by 5.82 per cent during 2025–26.
Jammu and Kashmir Chief Minister Omar Abdullah tabled the Economic Survey Report in the Legislative Assembly.
The report stated that the nominal GSDP is expected to grow by 8.89 percent, taking the overall size of the economy to nearly Rs 2.86 lakh crore.
Between 2019–20 and 2024–25, Jammu and Kashmir recorded a compound annual growth rate (CAGR) of 4.47 per cent in real terms, underscoring a sustained recovery following the pandemic-induced slowdown, it stated.
The UT on the fiscal front reported improved revenue mobilisation and expenditure management.
Revenue receipts of Rs 13,521 crore were realised up to November 2025, driven by higher collections from GST, excise and non-tax sources such as power revenues.
