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Pashmina Collection Jumps to 19 MT as Ladakh Disburses Rs 1.10 Cr Incentive to 1,200 Herders
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Kashmir Life
Lieutenant Governor Vinai Kumar Saxena disbursed the incentive through Direct Benefit Transfer (DBT) during his visit to Korzok for the Changthang Nomadic Festival 2026 on the banks of Tsomoriri Lake.
Samad accounted for around Rs 44 lakh, followed by Kharnak with Rs 28 lakh and Korzok with Rs 23 lakh.
The incentive was announced at the first meeting of the Ladakh Pashmina Development Board on July 5, 2026.
Saxena said the 25 per cent production-based incentive was intended to increase the income and profitability of nomadic Pashmina growers while making the sector more sustainable.
Meanwhile, the Changthang Nomadic Festival attracted more than 10,000 people, including foreign tourists and locals.