SRINAGAR : Jammu and Kashmir has witnessed the shutdown of 7,066 micro, small and medium enterprises (MSMEs) between July 2020 and November 2025, resulting in significant job losses across the Union Territory. Follow Us On G -N e w s | Whatsapp

The data, shared in Rajya Sabha by Minister of State for MSMEs Shobha Karandlaje in response to a question by Digvijaya Singh, highlights the challenges faced by entrepreneurs and workers amid shifting market conditions, pandemic disruptions, and other operational pressures.

Since the launch of the Udyam Registration Portal in July 2020, Jammu and Kashmir has registered a total of 984,574 MSMEs, with the number growing steadily from 26,237 in 2020-21 to 291,616 in 2023-24, before slightly declining to 219,145 in 2024-25. Th

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