Srinagar: The ambitious policy launched by the government in 2022 to attract foreign investment to Jammu and Kashmir has failed to deliver any substantial results, with the Union Territory recording the lowest foreign direct investment (FDI) inflows in the country over the past five years, official data shows.

Despite the Centre’s aggressive push to showcase J&K as a new economic frontier after the abrogation of Article 370 in August 2019, foreign investors have largely stayed away. According to data tabled in the Rajya Sabha earlier this year, Jammu and Kashmir attracted a meagre ₹10.52 crore in FDI equity inflows since 2020 — the lowest among all states and Union Territories.

In comparison, India’s cumulative FDI equity inflow during the same period stood at ₹21.62 lakh crore, undersco

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