Rejuvenating the economic environment in Jammu & Kashmir
May 2014
The disconnect between regions of the state of Jammu and Kashmir, which has continued over the course of six decades, has had a profound impact on the political economy of the local population on either side of the divide in Kashmir. This study examines how investments in either side of the LoC could establish long lasting trade.
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The disconnect between regions of the state of Jammu and Kashmir, which has continued over the course of six decades, has had a profound impact on the political economy of the local population on either side of the divide in Kashmir. This prevents wider and more vibrant economic activity in the region.
This study proceeds on the assumption that economic rejuvenation would be helped if, along with a redesigned trade regime, policy makers and associated individuals promoted entrepreneurship and capital investment for long-lasting economic activity. Ultimately, this would lead to greater stability in the region.
The study draws extensively on meetings and round-table discussions with a variety of groups and individuals on both sides of the divide in Kashmir and with British business people of Kashmiri origin in the UK. After a wide analysis of potential of investments in the region, it leads up to a set of comprehensive recommendations.