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J&K suffered over ₹60K cr in losses due to IWT: Expert

The New Indian Express Hubballi

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June 24, 2025

JAMMU and Kashmir has suffered economic losses of over ₹60,000 crore due to the Indus Waters Treaty (IWT) since the bilateral pact came into force in 1960, according to an expert.

- FAYAZ WANI @Srinagar

"Jammu and Kashmir has been the sufferer, worst hit by the IWT," said former Professor of Economics at Kashmir University, Dr Nisar Ali, demanding a scientific assessment to know the true extent of the loss. The estimated losses are around ₹60,000 crore, while official reports peg them at ₹20,000 crore between 1960 and 1998, Dr Ali said. Under the IWT, Pakistan received an allocation of the western rivers (Indus, Jhelum, and Chenab), while India received the eastern rivers (Ravi, Beas, and Sutlej).

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