Ladakh LG gives Rs 1.10 crore incentive to 1,200 Pashmina herders

Indian Opinion DeskIndian Opinion DeskGovernance35 minutes ago1 Views

Ladakh LG disburses Rs 1.10 crore incentive to over 1,200 Pashmina herders

Ladakh Lieutenant Governor VK Saxena on Sunday disbursed Rs 1.10 crore to over 1,200 Pashmina goat herders as a first-time production-based incentive. The 25 per cent subsidy, announced after the Ladakh Pashmina…

The Story in Brief

Ladakh Lieutenant Governor VK Saxena on Sunday disbursed Rs 1.10 crore to over 1,200 Pashmina goat herders as a first-time production-based incentive. The 25 per cent subsidy, announced after the Ladakh Pashmina Development Board’s first meeting last month, was transferred directly to herders in Samad, Kharnak and Korzok villages of Changthang district. Saxena also unveiled an Rs 8 crore revolving fund for the local cooperative society to speed up payments, promising herders half the cost immediately and the rest within two months, down from earlier delays of eight to ten months.

The fund aims to raise the income and sustainability of nomadic Changpa herders, who saw raw Pashmina collection rise to 19 tonnes by July 2026, against 16 tonnes for all of 2025. Saxena called for increasing the goat population from two lakh to four lakh in three years and raising fibre yield from 200 grams to 350 grams per goat through scientific breeding. The announcements were made at the Changthang Nomadic Festival, which drew over 10,000 visitors including foreign tourists.

The Indian Opinion

The official spin calls the disbursal a “major step”, but the real test is whether herders actually reinvest 60 per cent in scientific breeding as directed. Without independent follow-up, this remains a promise. The revolving fund cuts payment delays from ten months to two, that will matter more than the one-time incentive. The coming winter will reveal if collection of raw Pashmina sustains its jump from 16 to 19 tonnes or reverts once the cheque stops flowing.


Source: indiatoday.in

This story was synthesised by AI from the source linked above.

Ask their opinion on this story
They have read this article, our coverage, and the web.
AI simulations of historical figures. Responses are generated from the historical record, not authentic statements.

0 Votes: 0 Upvotes, 0 Downvotes (0 Points)

Share your opinion

Loading Next Post...
Search Trending
Ask their opinion
Loading

Signing-in 3 seconds...

Signing-up 3 seconds...

All fields are required.