Jammu, April 6 -- The Comptroller and Auditor General of India (CAG) has flagged concerns over the economic performance of the Union Territory of Jammu and Kashmir, noting that its per capita Gross State Domestic Product (GSDP) remained consistently below the national average between 2020 and 2025.
In its latest report on the UT's finances, the CAG recommended that the government improve returns on public investments by enforcing a dividend policy for profit-making public sector undertakings (PSUs), while also considering disinvestment from non-performing entities. It further stressed the need for stronger monitoring of loans and advances to ensure financial discipline and accountability.
The report highlighted that the GSDP-to-GDP ratio ...