BREAKING NEWS
Jammu, Feb 18: Chief Minister Omar Abdullah stated that J&K’s total debt for 2024-25 stands at ₹1,37,067 crore, accounting for 48% of the Union Territory’s expanded GSDP of ₹2,88,422 crore. He noted that rising economic output has reduced the debt-to-GSDP ratio from 51% last year.
Omar highlighted that borrowings are directed towards productive sectors such as infrastructure, power, and healthcare, ensuring sustainable fiscal management under the FRBM framework.
Jammu, Feb 18: Chief Minister Omar Abdullah stated that J&K’s total debt for 2024-25 stands at ₹1,37,067 crore, accounting for 48% of the Union Territory’s expanded GSDP of ₹2,88,422 crore. He noted that rising economic output has reduced the debt-to-GSDP ratio from 51% last year.
Omar highlighted that borrowings are directed towards productive sectors such as infrastructure, power, and healthcare, ensuring sustainable fiscal management under the FRBM framework.
© Copyright 2023 brighterkashmir.com All Rights Reserved. Quantum Technologies