Bashir Ahmed was killed the main city of Srinagar, a police officer said, asking not to be named.
"He was shot in the head and died before he could be taken to a hospital," he said, blaming anti-India rebels for the daylight killing.
No rebel group has claimed responsibility so far.
The killing came days after suspected rebels killed a policeman in an attack on December 11 on senior minister Ali Mohammed Sagar, who escaped uninjured.
Like Sagar, Ahmed was also associated with the ruling National Conference.
Militants who oppose Indian rule in Kashmir have in the past killed ministers and pro-India politicians.
Kashmir has been hit by an insurgency since 1989 that has left more than 47,000 people dead by official count.
Militant violence has dropped sharply in Kashmir since India and Pakistan, which each hold the region in part but claim it in full, started a peace process in 2004.
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@Indian: CIA and Mossad works in a close nexus with RAW to destabilize and hurt Pakistan. but Pakistan will prevail and we will rise inshAllah!
@Raj:
That's too sweeping a generalization. And not even comparable to the present context. But anyways, the statement can be even more eclectic had you included the Russian Romanovs and Ferdinand of Austria.
Indian sympathizer gone!
@Red Alert: You forgot the CIA and Mossad!!
it's Indian Occupied Kashmir, not Indian Kashmir, ET seems to be on the payroll of RAW!
Not surprised. Political murders are reality in our countries, examples are Indira Gandhi, Rajiv Gandhi, Zulfiqar Ali Bhutto, Benazir Bhutto, the list is endless.