Politics: Since the 2024/2025 elections, there has been an elected government with Omar Abdullah (National Conference) as Chief Minister.
There is a Legislative Assembly, but it remains a UT under strong central control (via the Lieutenant Governor).
Statehood: The Supreme Court ruled in 2023 that statehood must be restored, and the central government promised this.
In 2026, there are repeated hints (including from ministers) that a decision will come "soon," but it has not yet been finalized.
Local parties continue to press for it.
Economy: GSDP ≈ ₹3.15-3.16 lakh crore (approximately €37 billion) with 9.5% nominal growth.
The economy relies primarily on agriculture/horticulture (apples, saffron), tourism, and services.
2026-27 Budget ≈ ₹1.27 lakh crore, with heavy reliance on central grants (₹43,000 crore).
Focus on infrastructure, welfare, and the tourism push ("terrorism is over, time for tourism").
Situation: Relative stability compared to the past, but still tensions, occasional restrictions/protests, and discussions regarding unemployment, region-specific demands (e.g., separate Jammu statehood, Ladakh reunification).
Tourism is growing strongly again, with hopes for a good season in 2026.
In short: J&K is a UT with an elected government, focusing on development and tourism, but is still awaiting full statehood restoration and greater autonomy.
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