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Jammu & kashmir News

The Economic Times

Jammu & kashmir / The Economic Times

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Ladakh LG Saxena approves 25% production-based incentive for Pashmina herders

Ladakh's Pashmina industry is set for a significant boost with two key decisions by Lieutenant Governor VK Saxena. A new incentive program offers herders a 25% top-up on Pashmina procurement to enhance production and livestock development. Additionally, an Rs 8 crore revolving fund will ensure timely payments to nomadic herders, aiming to improve their livelihoods and make goat rearing a more profitable venture.

5 Jul 2026 3:10 pm