Politics Scrapping of Article 370: J&K’s new status packs promise of economic revival Updated : August 06, 2019 06:40 AM IST As late as in 2016, J&K was ranked 31 among 34 states and Union Territories in the index of ease of doing business. Real estate observers predicting prices in J&K to rise by up to 50 percent. Subscribe to Moneycontrol PRO at just Rs.33/- per month for the first year. Use code SUPERPRO. Limited period offer. Available on Web and Android.