Jammu and Kashmir's Agriculture Grants Propel Economic Growth
The Jammu and Kashmir Assembly passed grants over Rs 9,680 crore for various developmental departments, highlighting agriculture's role as an economic lifeline. The grants were approved following extensive deliberations. Agriculture and its allied sectors significantly contribute to the region's economy, emphasizing public investment in grassroots prosperity.
- Country:
- India
The Jammu and Kashmir Assembly on Tuesday approved grants totaling over Rs 9,680 crore for departments including agriculture, rural development, and others. This decision came after extensive discussions among the legislators.
Minister Javid Ahmed Dar outlined that agriculture and allied sectors are vital to the region's economy, contributing Rs 41,273 crore, or 19% of the SGDP. Highlighting this economic backbone, Dar stated that horticulture alone accounts for 41%, with livestock contributing 33%, and core agriculture 25%.
These funds reflect a strategic investment in Jammu and Kashmir's economic infrastructure, aimed at ensuring food security and sustaining traditional practices while fostering grassroots prosperity.
(With inputs from agencies.)
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