<h1>Jammu and Kashmir's Economy Grows 9.5% in 2023-24; Local Elections Announced, Infrastructure and Job Growth Rise.</h1> Jammu and Kashmir's economy has achieved a 9.5% growth rate, with the GSDP estimated at Rs 2.45 lakh crore for 2023-24, up from Rs 2.20 lakh crore in the previous year. The Lt Governor emphasized the importance of peace and unity, announcing local body elections to enhance governance. J&K ranks 2nd among UTs in the SDG India Index, reflecting effective policy interventions. Infrastructure projects, including road and railway connectivity, are advancing. Industrial growth is supported by new policies and a central sector scheme, with 324 industrial units expected to start production soon. Government job recruitment has also increased, with 40,000 appointments made recently.