Latest News, Breaking News Today - Entertainment, Cricket, Business, Politics - AnyTV News
  • Home
  • News
    • Regional
    • India
    • World
  • Politics
    • Election
  • Business
  • Sports
  • Entertainment
    • Bollywood
    • Hollywood
    • Reviews
  • Automobiles
  • Lifestyle
    • Health
  • Technology
    • Mobile
    • Gadgets
    • Internet
  • Agriculture
  • Astrology
  • Education
  • Viral News
No Result
View All Result
  • Home
  • News
    • Regional
    • India
    • World
  • Politics
    • Election
  • Business
  • Sports
  • Entertainment
    • Bollywood
    • Hollywood
    • Reviews
  • Automobiles
  • Lifestyle
    • Health
  • Technology
    • Mobile
    • Gadgets
    • Internet
  • Agriculture
  • Astrology
  • Education
  • Viral News
No Result
View All Result
Latest News, Breaking News Today - Entertainment, Cricket, Business, Politics - AnyTV News
No Result
View All Result
Home Technology

GST improvement from handicrafts to tourism will promote the economy of Jammu and Kashmir

by Pratik Tripathi
October 4, 2025
in Technology
0 0
GST improvement from handicrafts to tourism will promote the economy of Jammu and Kashmir
0
SHARES
29
VIEWS
Share on WhatsAppShare on Twitter


New Delhi, 4 October (IANS). According to an official document, the competition in handicrafts, agriculture, tourism and local specialties in Jammu and Kashmir is increasing competition, the cost is decreasing and the markets are expanding.

GST reforms are strengthening the livelihood of artisans and farmers, encouraging exports and promoting employment, ensuring sustainable growth, preserving the rich heritage of the region.

Many heritage products such as GI-Tag Pashmina Shawl, Dogra Paneer and Basohli painting are now in better positions to compete in domestic and global markets, preserving cultural identity.

The document states that the handloom and handicraft sector employs more than 3.5 lakh direct and indirect people, including artisans and marginalized workers. Also, the share of women in these employment is about 45 percent.

In the Kashmir Valley, especially in Kanhama, about 5,000 weavers make GI-tag the best Pashmina shawl. The GST rate cut from 12 percent to 5 percent makes these shawls more economical, which promotes demand, exports and competition against machine-made copying, protecting livelihood safety and prestigious heritage of Kashmir.

About 500 local artists work in the GI-tag Basohli Painting manufactured at Basohli in Kathua district. With GST improvement, these paintings will become more affordable and marketing, with which the livelihood of the artisans will be supported.

Walnut cultivation in Anantnag, Kupwara, Kulgam and Budgam in Jammu and Kashmir plays an important economic role, which produces a trade of about Rs 120 crore on an annual basis and provides employment to about 10,000 people. By 5 percent of the GST rate, Kashmiri walnuts have become more economical and competitive in both domestic and international markets, which can encourage high demand and better prices for farmers.

Jammu and Kashmir accounts for more than 91 percent of India’s almond production. The region alone provides employment to about 5,500 people. The Kashmiri almond packaging industry is benefiting from this GST improvement.

From the famous temples of Jammu to the lakes and gardens of the Kashmir Valley, the natural beauty of Jammu and Kashmir makes it a top tourist destination globally. During the year 2023, the arrival of tourists increased from 2.1 crores to 2.3 crore in the year 2024. The sector supports over 70,000 employment and contributes about 15 percent to the state’s GDP.

With GST improvement on tourism and hotel tariffs, the journey for a stay up to Rs 7,500 will be more economical than before, promoting occupancy and will encourage the stay for a long time. This will increase revenue for local businesses and strengthen employment in the region.

The characteristic and GI-tag product of Udhampur district is Dogra Paneer. With GST improvement, local dairy producers and small scale cheese manufacturers will benefit from low production costs, improved benefits and increased competition capacity in both domestic and specific export markets.

-IANS

SKT/

Tags: BusinessIANSNationalScience Technology

Stay Informed with AnyTVNews!

Subscribe now to get breaking news alerts, exclusive stories, and real-time updates straight to your device. Be the first to know what's happening—local, national, and global news, all in one place.

📲 Tap “Allow” to stay connected!

Unsubscribe

Related Posts

'BRICS Space Economy' is the next big area of ​​global development, appeal for collective efforts from member countries: Dr. Jitendra Singh
Technology

‘BRICS Space Economy’ is the next big area of ​​global development, appeal for collective efforts from member countries: Dr. Jitendra Singh

June 24, 2026
Government is going to launch monthly production index in July to monitor the growth of service sector.
Technology

Government is going to launch monthly production index in July to monitor the growth of service sector.

June 24, 2026
Adani Electricity gears up to protect 31.5 lakh customers from possible disruptions of monsoon, strengthens disaster management system
Technology

Adani Electricity gears up to protect 31.5 lakh customers from possible disruptions of monsoon, strengthens disaster management system

June 24, 2026

Recommended

NEET Paper Leak Case: NTA Chief's big statement, said - the entire paper was not leaked, only a few questions...'

NEET Paper Leak Case: NTA Chief’s big statement, said – the entire paper was not leaked, only a few questions…’

1 month ago
One more injured in Jaisarmer bus accident dies, death toll reaches 28

One more injured in Jaisarmer bus accident dies, death toll reaches 28

8 months ago
Stock Market Opening: A banging start for the stock market! Sensex rises 400 points, Bank Nifty rises 500 points

Stock Market Opening: A banging start for the stock market! Sensex rises 400 points, Bank Nifty rises 500 points

2 months ago
BSNL Value Pack: Big gift of unlimited calling and data benefits in just 30 days, know complete details

BSNL Value Pack: Big gift of unlimited calling and data benefits in just 30 days, know complete details

3 days ago

Trending

Sports

Vaibhav Suryavanshi Faces Special ICC Rule Before England Tour, Separate Dressing Room | Vaibhav Suryavanshi: 15 year old Vaibhav Suryavanshi will get a separate dressing room during the England tour, know the reason.

by Deepak Verma
June 24, 2026
0

Vaibhav Suryavanshi: Indian cricket's young and emerging player Vaibhav Suryavanshi is once again in the headlines. This...

This Bollywood actor can be arrested any moment with a non-bailable warrant, the court got angry after hearing about the crime

This Bollywood actor can be arrested any moment with a non-bailable warrant, the court got angry after hearing about the crime

June 24, 2026
Pre-monsoon effect intensifies in Rajasthan, thunderstorm and rain alert in 20 districts; Watch the video to see the drop in temperature

Pre-monsoon effect intensifies in Rajasthan, thunderstorm and rain alert in 20 districts; Watch the video to see the drop in temperature

June 24, 2026
'BRICS Space Economy' is the next big area of ​​global development, appeal for collective efforts from member countries: Dr. Jitendra Singh

‘BRICS Space Economy’ is the next big area of ​​global development, appeal for collective efforts from member countries: Dr. Jitendra Singh

June 24, 2026
Balodabazar Serial Killer: Suspicion of eye on wife, debt and rivalry... shocking conspiracy behind the death of 8 people

Balodabazar Serial Killer: Suspicion of eye on wife, debt and rivalry… shocking conspiracy behind the death of 8 people

June 24, 2026
Latest News, Breaking News Today - Entertainment, Cricket, Business, Politics - AnyTV News

AnyTVNews is a leading digital news channel in India, delivering fast, reliable updates on politics, sports, entertainment, and local events. Known for its accuracy and timely reporting, it has earned trust nationwide and remains a popular choice among viewers.

Recent News

  • Vaibhav Suryavanshi Faces Special ICC Rule Before England Tour, Separate Dressing Room | Vaibhav Suryavanshi: 15 year old Vaibhav Suryavanshi will get a separate dressing room during the England tour, know the reason. June 24, 2026
  • This Bollywood actor can be arrested any moment with a non-bailable warrant, the court got angry after hearing about the crime June 24, 2026
  • Pre-monsoon effect intensifies in Rajasthan, thunderstorm and rain alert in 20 districts; Watch the video to see the drop in temperature June 24, 2026

Topics

  • Agriculture
  • Astrology
  • Automobiles
  • Bollywood
  • Business
  • Education
  • Election
  • Entertainment
  • Health
  • Hollywood
  • India
  • Lifestyle
  • News
  • Politics
  • Regional
  • Reviews
  • Sports
  • Technology
  • Uncategorized
  • Viral News
  • World

© 2026 AnyTV News Network

  • About Us
  • Contact
  • Advertise With Us
  • DMCA Policy
  • Privacy Policy
  • Terms & Conditions

Welcome Back!

Login to your account below

Forgotten Password?

Retrieve your password

Please enter your username or email address to reset your password.

Log In
No Result
View All Result
  • Home
  • News
    • Regional
    • India
    • World
  • Politics
    • Election
  • Business
  • Sports
  • Entertainment
    • Bollywood
    • Hollywood
    • Reviews
  • Automobiles
  • Lifestyle
    • Health
  • Technology
    • Mobile
    • Gadgets
    • Internet
  • Agriculture
  • Astrology
  • Education
  • Opinion
  • Viral News

©2026 AnyTV News Netwrok