Jammu, February 2,2026-Lieutenant Governor Manoj Sinha on Monday said that the economy of Jammu and Kashmir is witnessing a phase of strong growth momentum, driven by sustained reforms, improved governance and focused development initiatives.
Addressing an official gathering, LG Sinha said that strategic investments in infrastructure, industry, tourism, agriculture and skill development have significantly strengthened the economic landscape of the Union Territory. He noted that enhanced connectivity, ease of doing business and targeted welfare schemes have created new opportunities for employment and entrepreneurship.
The Lieutenant Governor highlighted that sectors such as tourism, horticulture, handloom and handicrafts have shown notable growth, contributing to increased incomes and livelihood generation. He added that government efforts to attract private investment and promote startups are yielding positive results.
LG Sinha further said that transparent governance, fiscal discipline and timely implementation of development projects have helped build investor confidence and accelerate economic activity across districts. “Our focus remains on inclusive and sustainable growth that benefits every section of society,” he said.
Reiterating the government’s commitment to people-centric development, the Lieutenant Governor stressed that continued emphasis on youth empowerment, women-led initiatives and rural development will further strengthen the economy of Jammu and Kashmir in the coming years.
The address concluded with LG Sinha reaffirming that Jammu and Kashmir is steadily moving towards becoming a self-reliant, resilient and growth-driven Union Territory.
