The Global Kashmir
No Result
View All Result
  • Home
  • News
    • Kashmir
    • Jammu
  • National
  • World
  • Business
  • Editorial
  • Health
  • Opinion
  • Sports
  • Tech
  • E-Paper
en English
ar Arabiczh-CN Chinese (Simplified)en Englishru Russianes Spanishur Urdu
No Result
View All Result
  • Home
  • News
    • Kashmir
    • Jammu
  • National
  • World
  • Business
  • Editorial
  • Health
  • Opinion
  • Sports
  • Tech
  • E-Paper
No Result
View All Result
The Global Kashmir
No Result
View All Result
ladakh lg 1 1

LG Saxena Approves Two Landmark Initiatives To Strengthen Ladakh’s Pashmina Sector

News Desk by News Desk
July 6, 2026
Reading Time: 3 mins read
0
11
VIEWS
Share on Facebook

Leh : Lieutenant Governor, Vinai Kumar Saxena, in the first meeting of the newly constituted Ladakh Pashmina Development Board (LPDB), has approved two landmark decisions aimed at strengthening Ladakh’s globally renowned Pashmina industry and improving the livelihoods of Changpa pastoral communities.

READ ALSO

Protest Against Liquor Policy In Ladakh Suspended After Govt Agrees To All Demands: Wangchuk

Ladakh CS Reviews Preparedness Ahead Of Nov 21 Panchayat, Municipal Polls

Ladakh Pashmina Gets Global Push As LG Inaugurates Conclave To Connect Local Producers With International Buyers

On Saturday, Saxena approved a major policy – “Livestock Development Incentive Programme” – introduced for the first time, that entails a top-up incentive of 25% on the total Pashmina procurement value to herders, for enhancing local Pashmina Production. The L-G also approved “Rs 8 crore Revolving Fund” to the All Changthang Pashmina Growers Cooperative Marketing Society Ltd. (ACPGCMS), for procurement of raw Pashmina from the nomadic herders and upfront payments to the herders for their produce.

The twin initiatives seek to promote sustainable livestock development, increase the population of Pashmina goats, strengthen the cooperative procurement system, improve the quality and quantity of Ladakh Pashmina, ensure financial benefits to nomadic herders and eliminate distress sales. This would, in turn, also encourage younger generations to continue the traditional practice of Changthangi Pashmina goat rearing, by making it a profitable and more respectable enterprise.

Ladakh is globally recognised for producing the world’s finest quality Pashmina from the indigenous Changthangi goat, reared by the Changpa nomadic pastoral communities of Changthang. However, rising costs of livestock rearing, harsh climatic conditions and fluctuating market returns have adversely affected livestock productivity and the incomes of pastoral families in recent years.

Recognising these challenges, discussed during the first board meeting, L-G Saxena approved the Livestock Development Incentive Programme, under which eligible Changpa herders will receive the 25% top-up incentive, to be paid over and above the procurement price paid by the Government. This incentive will be transferred directly to the beneficiary’s Aadhar-linked bank account through the Direct Benefit Transfer (DBT) system.

This is the first-of-its-kind initiative, designed to make Pashmina goat rearing more profitable and sustainable. The policy has been carefully structured wherein 60 per cent of this top-up incentive received by the herder will be utilised for livestock improvement and scientific breeding. The other 20 per cent will be utilised for infrastructure development, such as improved combing equipment and facilities to enhance Pashmina production, while the remaining 20 per cent could be used for the personal and household needs of the herder, thereby improving their financial sustainability.

It was also decided in the Board meeting that the population of Pashmina goats in Ladakh be increased from nearly 2 lakh at present to at least 4 lakh in three years’ time. A target has been set to increase the raw Pashmina production from 200 grams per goat at present to at least 350 grams per goat, using scientific techniques and advanced tools for combing.

To add to the Livestock Development Incentive Programme, the L-G has also approved the Policy for Creation and Management of Rs 8 crore “Revolving Fund” for the ACPGCMS, the apex cooperative responsible for procurement of raw Pashmina directly from nomadic herders.

The Rs 8 crore fund will be utilised exclusively for procurement of raw Pashmina and making timely payments to producers. The most striking feature of this fund is that the cooperatives will pay 50 percent of the cost of the raw Pashmina upfront to the herders, while the remaining 50 percent amount will be paid in two months. Earlier, the herders were receiving such payments from the cooperatives in 8-10 months’ time, forcing herders to take loans from other sources to meet their expenses on rearing the goats.

ADVERTISEMENT

L-G Saxena said that the Changpa pastoral communities are the custodians of one of Ladakh’s greatest natural and cultural treasures, and the UT Administration is fully committed to securing their livelihoods, while preserving this unique pastoral heritage. “The Livestock Development Incentive Programme and the Revolving Fund, together represent a comprehensive strategy that addresses both ends of the Pashmina value chain – supporting herders in improving Pashmina productivity while simultaneously, ensuring assured procurement and timely payments. These initiatives would make Pashmina goat rearing more remunerative, encourage greater investment in scientific livestock management, eliminate exploitation by middlemen and position Ladakh as the world’s leading producer of premium-quality, ethically sourced and sustainably produced Pashmina,” Saxena said.

The two decisions followed detailed discussions and suggestions from stakeholders across the Pashmina value chain, including Changpa Pashmina herders and cooperative societies, designers, industry experts and other stakeholders, aimed at promoting sustainable Pashmina production, strengthening procurement mechanisms and enhancing the global competitiveness of Ladakh Pashmina.

ShareTweetSendSharePinShare
ADVERTISEMENT
Previous Post

Next Round Of US-Iran Talks Likely To Be Held At Islamabad: Report

Next Post

Govt Issues Stern Notice To Meta On Child Sexual Abuse Material In Instagram Ads: Sources

RelatedPosts

Centre Offers Constitutional Safeguards, Legislative Body For Ladakh; Talks Still Underway, Say Activists

Protest Against Liquor Policy In Ladakh Suspended After Govt Agrees To All Demands: Wangchuk

October 30, 2026
Ladakh CS Reviews Preparedness Ahead Of Nov 21 Panchayat, Municipal Polls

Ladakh CS Reviews Preparedness Ahead Of Nov 21 Panchayat, Municipal Polls

October 29, 2026
Ladakh Pashmina Gets Global Push As LG Inaugurates Conclave To Connect Local Producers With International Buyers

Ladakh Pashmina Gets Global Push As LG Inaugurates Conclave To Connect Local Producers With International Buyers

October 24, 2026

Ladakh Chief Secy Assures Solution To Demand Of Heli-Service To Remote Areas Along Sino-India Border

Ladakh LG Notifies Amendment Paving Way For Hill Development Councils In All 8 Districts

CJI Inaugurates Ladakh Bench Of HC In Leh; ‘Historic Milestone,’ Says LG

Regulation Issued To Revise Structure, Electoral Procedure Of Ladakh Hill Development Councils

Buddha, Kushok Bakula Rinpoche Statues Unveiled At New Leh Airport Terminal

Special Focus Given On Ladakh’s Youth Getting Quality Education, Tech Access, Self-Reliance: PM Modi

Next Post
Govt Issues Stern Notice To Meta On Child Sexual Abuse Material In Instagram Ads: Sources

Govt Issues Stern Notice To Meta On Child Sexual Abuse Material In Instagram Ads: Sources

Population Control Policies, UCC Require Public Cooperation: RSS Chief

Screens, Lack Of Family Guidance Making Children Mentally Fragile: Bhagwat

Leave a Reply Cancel reply

Your email address will not be published. Required fields are marked *

ADVERTISEMENT

Company Info

Address: F11 silk factory road Tulsibagh, Srinagar
Phone : 9797970347.
Email : globalkashmir786@gmail.com
Owner, printer, publisher Editor : Suhail Yousuf Shah
Legal advisor : Advocate Umar Mushtaq
Printed at : K.T Press private Limited industrial Estate Rangreth J&K
Published from : F11 silk factory road Tulsibagh, Srinagar.
RNI No : JKENG/2011/38364
Office No's :
Postal Regd No : JKNP 160 / SKGPO 2012 - 2014

About

The Global Kashmir was founded in Srinagar, with a vision to promote positive news from the Kashmir valley and across the globe. Covering first hand, all categories of news from different corners of Jammu and Kashmir as well as relevant national and international news stories. Global Kashmir is dedicated to providing unbiased stories that are yet to be told...

News By Topic

Company Info

  • Contact Us
  • About

© 2022 - Global Kashmir

No Result
View All Result
  • Home
  • News
    • Kashmir
    • Jammu
  • National
  • World
  • Business
  • Editorial
  • Health
  • Opinion
  • Sports
  • Tech
  • E-Paper

© 2022 - Global Kashmir