JAMMU: The economy of Jammu and Kashmir is projected to grow at 7.06 per cent in real terms, while the nominal Gross State Domestic Product (GSDP) is expected to rise by 11.19 per cent in 2024-25, according to the Economic Survey Report (ESR) for 2025.
The report said that J&K has shown significant progress, with the unemployment rate declining to 6.1 per cent in 2023-24 from 6.7 per cent in 2019-20.
Chief Minister Omar Abdullah, who also serves as the finance minister, tabled the report in the J&K Assembly on Thursday.