Ladakh’s traditional industries, agriculture, handicrafts, and tourism sectors are set to benefit from a sweeping reduction in Goods and Services Tax (GST). The reforms lower GST from 12 per cent to 5 per cent on a wide range of products and services, aiming to provide relief to artisans, farmers, and small businesses while strengthening the region’s economy.

Handlooms and Wool Products

Pashmina wool, produced in the Changthang region of Leh, sustains over 10,000 nomadic herders. Known for its warmth, softness, and fineness, Pashmina faces growing competition from machine-made alternatives. With GST on Pashmina products now reduced from 12 per cent to 5 per cent, the move is expected to enhance the competitiveness of authentic Ladakhi Pashmina and boost income stability for herders and w

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