The correct answer is: d) Skilled labor shortage.
The Jammu and Kashmir (J&K) economy is facing a number of challenges, including a skilled labor shortage. This is due to a number of factors, including the low level of education in the state, the lack of vocational training programs, and the brain drain of skilled workers who leave the state in search of better opportunities elsewhere.
The lack of skilled workers is a major obstacle to economic development in J&K. It makes it difficult for businesses to find the workers they need to operate and expand, and it also limits the state’s ability to attract new investment.
The government of J&K has taken some steps to address the skilled labor shortage, such as establishing vocational training institutes and offering scholarships for students to study in other states. However, more needs to be done to address this issue.
The other options are also challenges faced by the J&K economy, but they are not as significant as the skilled labor shortage.
- High inflation is a problem in many parts of India, including J&K. However, it is not as severe in J&K as it is in some other states.
- Lack of infrastructure is a problem in many parts of India, including J&K. However, the government of J&K has been investing in infrastructure in recent years, and the situation is improving.
- Over-reliance on tourism is a problem in J&K, as the state is very dependent on tourism revenue. However, the government of J&K is working to diversify the economy and reduce its reliance on tourism.