Economy of Jammu and Kashmir - Tourism

Tourism

Before the insurgency intensified in 1989, tourism formed an important part of the Kashmiri economy. The tourism economy in the Kashmir valley was worst hit. However, the holy shrines of Jammu and the Buddhist monasteries of Ladakh continue to remain popular pilgrimage and tourism destinations. Every year, thousands of Hindu pilgrims visit holy shrines of Vaishno Devi and Amarnath, which has had significant impact on the state's economy. It was estimated in 2007 that the Vaishno Devi yatra contributed Rs.4.75 billion to the local economy annually a few years ago. The contribution would be much more now as the numbers of visitors have increased considerably. Foreign tourists have been slower to return. The British government still advises against all travel to Jammu and Kashmir with the exception of the cities of Jammu and Srinagar, travel between these two cities on the Jammu-Srinagar highway, and the region of Ladakh.

Tourism in the Kashmir valley has rebounded in recent years, and in 2009, the state became one of the top tourist destinations of India. Gulmarg, one of the most popular ski resort destinations in India, is also home to the world's highest green golf course. However, the decrease in violence in the state has boosted the state's economy and tourism. It was reported that more than a million tourists visited Kashmir in 2011.