J&K’s real growth lies in setting enterprises; come and unlock growth, Omar Abdullah tells investors
Jammu and Kashmir Chief Minister Omar Abdullah has called for an enterprise-led economic model for the region, emphasizing agriculture and dairy over government subsidies. He spoke at the IIMBue Leadership Conclave about the need for private sector growth.
Why it matters
This signals a potential shift in economic policy for the Union Territory, focusing on entrepreneurship to drive long-term prosperity.
Jammu and Kashmir Chief Minister Omar Abdullah, here on Saturday, said the Union Territory’s future lay in enabling ordinary citizens to create businesses by improving access to finance, markets, technology and mentorship, rather than relying solely on State support.
He was inaugurating IIMBue’s Leadership Conclave 2026, a two-day annual event organised by IIIMBAA, the alumni association of the Indian Institute of Management Bangalore (IIM-B).
Mr. Abdullah said the Union Territory’s long-term prosperity would hinge less on government spending and more on creating an ecosystem where enterprise can develop and thrive. He also said an agriculture-led economic revival was required, as lasting prosperity would come not just from tourism, subsidies or headline-grabbing projects, but from enterprise-driven value addition in farming and allied sectors.
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