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flag 24 of Jammu and Kashmir’s 44 public sector units are losing money, with four non-functional, as reforms are planned.

flag As of February 17, 2026, Jammu and Kashmir's Union Territory government reported that 24 of its 44 public sector undertakings are loss-making and four are non-functional, with 10 PSUs profitable. flag The losses span sectors including power, transport, tourism, and agriculture. flag The government is assessing reforms to improve infrastructure, manpower, and finances across struggling entities, while two statutory corporations and one dormant PSU also face challenges.

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