The Economic Times

LG approves landmark blueprint to revitalize Ladakhs Pashmina sector, boost Changpa livelihoods

Ladakh's Pashmina industry is set for a major boost with new policies approved by the Lieutenant Governor. A 'Livestock Development Incentive Programme' offers a 25% top-up on procurement, directly benefiting nomadic herders. A 8 crore revolving fund will ensure prompt payments, ending distress sales. These reforms aim to double production and strengthen Ladakh's position as a global leader in premium Pashmina.