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Business
Jammu & Kashmir Mining Revenue Hits Rs 348 Crore Over Three Years, Government Says
✍️ Kashmir Life
🗓 24 Sep 2026, 05:17 AM
👁 12
The Jammu & Kashmir government reported that mining royalties have totaled Rs 348 crore in the past three years.
The administration of Jammu & Kashmir announced that the cumulative revenue from mining activities reached Rs 348 crore over the last three fiscal years. The figure, released by the state government, reflects the total royalties and fees collected from operators extracting minerals across the region.
Officials said the amount underscores the growing contribution of the mining sector to the state's finances, especially as other traditional revenue streams face pressure. While the government did not break down the revenue by mineral type, the overall increase points to higher production and improved compliance with licensing norms.
The statement did not include a comparison with previous periods, but authorities indicated that the earnings will be earmarked for development projects and infrastructure upgrades in the valley. Further details on how the funds will be allocated are expected in the upcoming budget session.
Officials said the amount underscores the growing contribution of the mining sector to the state's finances, especially as other traditional revenue streams face pressure. While the government did not break down the revenue by mineral type, the overall increase points to higher production and improved compliance with licensing norms.
The statement did not include a comparison with previous periods, but authorities indicated that the earnings will be earmarked for development projects and infrastructure upgrades in the valley. Further details on how the funds will be allocated are expected in the upcoming budget session.