Multiple reports say the Lieutenant Governor (L-G) of Ladakh has approved an incentive package aimed at boosting the region’s pashmina economy. The measures include a production-based incentive for pashmina herders, reported as 25%, under the Livestock Development Incentive Programme. In addition, the L-G approves an ₹8 crore revolving fund linked to the pashmina value chain, intended to strengthen procurement and payments.
According to one account, the combination of incentives for productivity and the revolving fund addresses both ends of the pashmina value chain—supporting herders’ output while also enabling assured procurement and prompt payments. The stated goal is to reduce reliance on intermediaries and limit middlemen exploitation. The initiatives are also described as a way to help position Ladakh as a leading producer of premium pashmina, with an emphasis on ethical and sustainable sourcing.
Across the sources, the key elements are consistent: approval of a 25% production-linked incentive for herders and establishment of an ₹8 crore fund as part of a broader plan to expand and stabilize Ladakh’s pashmina trade.
