News Arena Network

<div>Lieutenant Governor of Ladakh, Vinai Kumar Saxena, has approved two major initiatives aimed at strengthening the Union Territory&rsquo;s renowned Pashmina sector and boosting the livelihoods of the Changpa pastoral community.</div>
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<div>During the maiden meeting of the newly established Ladakh Pashmina Development Board, the Lieutenant Governor greenlit a first-of-its-kind Livestock Development Incentive Programme. Under this scheme, herders will receive a 25 per cent top-up incentive on the procurement value of raw Pashmina, paid directly into their accounts via Direct Benefit Transfer (DBT).</div>
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<div>He also sanctioned an eight-crore-rupee revolving fund for the All Changthang Pashmina Growers Co-operative Marketing Society to guarantee timely procurement of raw materials and ensure prompt payments to local herders.</div>
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<div>Looking ahead, the Board has set a target to double the Pashmina goat population to four lakh and significantly scale up raw Pashmina production over the next three years.</div>

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Amarpreet Kaur

Ladakh boosts Pashmina sector with new incentives

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