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The Economic Times

Global Business / The Economic Times

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24 of 44 PSUs in J-K loss-making, four non-functional: UT government to Assembly

Jammu and Kashmir's public sector landscape reveals a challenging picture: 24 out of 44 PSUs are operating at a loss, with four completely non-functional. The UT government is actively exploring strategies to revitalize these struggling entities and enhance their performance. While some, like J-K Bank, are profitable, many others face significant financial hurdles.

17 Feb 2026 12:32 pm