This study aims at studying the cultivating practices, different factors which are responsible for declining the production of saffron (Crocus sativus) in Jammu & Kashmir. Kashmir is famous for the cultivation of quality saffron from about 750 A.D and is one of the major saffron producing areas of the world. Unfortunately, from last couple of decades the production of Saffron in Kashmir has been severely affected and has shown a declining trend. Here, the study is about discussing the problems like nonavailability of quality planting material, absence of irrigation facilities, lack of disease control pests, nonavailability of suitable markets and reasonable profits to cultivators. Here, it is also been discussed that precipitation in valley has an impact on the productivity and yield of saffron production. Furthermore, it also discusses about the steps taken by Government in the form of Saffron Mission 2010, and its role on this Golden Crop.