Economy of Azad Kashmir
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The economy of Kashmir is largely a developing one. The per capita income and provincial GDP estimates of Azad Kashmir are comparatively underrated when compared with development in other regions of the country, although Azad Kashmir notably has a literacy rate that is substantially above the national average.[1] Azad Kashmir's economy is heavily dependent on agriculture, but also relies on remittances sent each year by the members of the large Kashmiri diaspora. The Kashmiri diaspora in the United Kingdom have contributed greatly to the development of Azad Kashmir through their in-flow of remittances.[2] In the southern districts, many men have been recruited into the Pakistani Armed Forces. Other locals travel to countries in Europe or the Middle East where they work in labour-oriented jobs. The local tourism industry has potential although it is underdeveloped.[1]
Challenges faced by Azad Kashmir's economy include the devastating 2005 Kashmir earthquake, the effects of which the region is still recovering from.[1]
As of 2022, the GDP of Azad Jammu and Kashmir was estimated to be US$6.6 billion, giving per capita income of 1512 dollar USD,[3] above from Sept 2013, when Azad Kashmir's GDP was estimated at $3.2 Billion.[4]
References
- ^ a b c Kashmir: The Economics of Peace Building Archived 2012-06-12 at the Wayback Machine
- ^ Mini London: Pounds make Mirpur a sterling site for begging
- ^ http://www.ajk.gov.pk › ajk-at-a-glance|Ajk At A Glance-AJ&K Official Portal - Ajk Gov
- ^ "Rejuvenating the economic environment in Jammu & Kashmir" (PDF). CRC. September 2013. Archived from the original (PDF) on 2 September 2017. Retrieved 21 September 2016.
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![Azad Kashmir](http://upload.wikimedia.org/wikipedia/commons/thumb/4/4d/Flag_of_Azad_Kashmir.svg/23px-Flag_of_Azad_Kashmir.svg.png)
- History of Kashmir
- History of Azad Kashmir
- Dynasties of ancient Kashmir
- Sayyid Dynasty
- Mughal Empire
- Durrani Empire
- Sikh Empire
- British East India Company
- Princely state of Jammu and Kashmir
- Poonch jagir
- British Raj
- Kashmir Committee
- 1931 agitation
- Partition of India
- 1947 Poonch Rebellion
- First Kashmir War
- Kashmir conflict
- Timeline of the Kashmir conflict
- Indo-Pakistani wars
- Line of Control
- Shaksgam tract
- Simla Agreement
- Kashmir insurgency
- Jammu Kashmir Liberation Front
- Hizbul Mujahideen
- Kashmir Solidarity Day
- Kashmir earthquake
- Karachi Agreement
- Interim Constitution
- Presidents
- Prime Ministers
- Ministry of Kashmir Affairs
- Legislative Assembly
- Flag
- Anthem
- Seal
- Districts
- Cities
- Pothohar Plateau
- Poonch River
- Neelum River
- Chicken's Neck (Pakistan)
- Line of Control
- Quaid-e-Azam Stadium
- Bagh stadium
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