Omar Abdullah flags J&K’s debt distress
JAMMU: J&K government revealed Saturday that the Union Territory is burdened with a staggering debt of Rs 1.25 lakh crore. This is 52% of the state’s gross domestic product (GSDP) and dwarfs Rs 1.12 lakh crore — the size of the state’s budget presented by CM Omar Abdullah on Friday.Omar, who is also finance minister, … Read more