The economic growth of Jammu and Kashmir is being hindered by the delayed execution of key infrastructure projects, resulting in lost opportunities for job creation, revenue generation, and credibility. Two notable examples of this are the International Trade Centre (ITC) at Pampore and the International Terminal Fruit and Vegetable Market at Jablipora, Bijbehara. The ITC, envisioned as a state-of-the-art facility for trade fairs and exporter interface, has been stalled since 2008 due to mismanagement of funds and lack of accountability. The project’s deadline was March 2010, but the funds were retained by SIDCO for nearly two years, and the project remains incomplete to this day.
Similarly, the Jablipora Fruit and Vegetable Terminal Market, conceived in 2011-12, has faced significant delays and allegations of nepotism and corruption. The project, expected to revolutionize Kashmir’s horticultural economy, has not been completed despite its strategic location and planned facilities. The absence of accountability and transparency has undermined the project, with internal roads, drainage, and basic infrastructure remaining incomplete.
The failure of these projects has resulted in lost economic potential for thousands of growers, artisans, and entrepreneurs who could have benefited from world-class trade facilities. The lack of accountability and transparency has led to allegations of corruption and mismanagement, which have further eroded the credibility of the authorities. To move forward, Jammu and Kashmir needs a robust monitoring mechanism to ensure that projects are implemented on schedule and in line with approved plans. Transparency in licensing, allotment of shops, and use of facilities must be made mandatory, with clear criteria and periodic reviews.
The authorities still have a chance to salvage these projects, but decisive action is needed now. The dream of turning Kashmir into a hub of trade and horticultural excellence will remain just that, a dream, if governance continues to falter. The region’s economy, heavily dependent on agriculture and horticulture, cannot afford such missed opportunities. If properly implemented, the Pampore ITC and Jablipora Terminal Market could have transformed the region’s agrarian landscape, empowered small traders, and connected growers directly with national and international buyers. It is essential for the authorities to take corrective measures to restore credibility and ensure that such projects are completed in a timely and transparent manner.