Ladakh approves Pashmina incentives, fund
Analysis based on 9 articles · First reported Jul 05, 2026 · Last updated Jul 05, 2026
The approval of incentives and a revolving fund for the Pashmina industry in India — Ladakh is expected to boost production and improve the livelihoods of herders. This could lead to increased supply of high-quality Pashmina, positively impacting the textile industry and potentially attracting investment in the region's agricultural sector.
India — Ladakh Lieutenant Governor Vinai Kumar Saxena approved two significant policies to bolster the Pashmina industry and support Changpa pastoral communities. The 'Livestock Development Incentive Programme' offers a 25% top-up incentive on Pashmina procurement value to herders, paid directly via DBT. Additionally, an Rs 8 crore 'Revolving Fund' was approved for the All Changthang Pashmina Growers Cooperative Marketing Society Ltd. to ensure timely payments to producers, with 50% upfront. These initiatives aim to increase the Pashmina goat population from 2 lakh to 4 lakh in three years and boost raw Pashmina production per goat, making rearing more profitable and sustainable, eliminating middlemen exploitation, and enhancing India — Ladakh's global competitiveness in premium Pashmina.
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