Lowest FDI in IIOJK exposes Modi regime’s hollow post-370 narrative
#ColonizingKashmir #RSSBJPAgenda
Srinagar: Despite the Modi regime’s repeated claims of massive investment inflows into Indian illegally occupied Jammu and Kashmir after the revocation of Article 370, official data has revealed that the territory continues to attract the lowest Foreign Direct Investment (FDI) in India.
According to figures presented in the Indian Parliament, occupied Jammu and Kashmir received only INR 10.52 crore in FDI equity inflows since 2020, far below the average at Indian level and significantly less than smaller states and union territories in India.
Observers said the figures expose New Delhi’s false narrative of economic revival and global investor confidence in the occupied territory after its special status was unilaterally abrogated on August 5, 2019. Despite the much-hyped “Global Investors Summit” and repeated claims of thousands of crore rupees in proposed investments, ground realities show negligible industrial activity and no major foreign projects taking shape.
Local traders and business leaders blame the unstable political climate, military occupation, communication blackouts, and lack of local representation for deterring investors. “No one wants to invest where basic democratic rights are suspended and the situation is militarized,” one Srinagar-based industrialist remarked.
Economic analysts say the data is a clear indictment of the Modi regime’s propaganda that the abrogation of Article 370 would bring prosperity to Kashmir. Instead, the territory faces deepening unemployment, stifled local businesses, and economic stagnation under continued repression.
