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Economy of Ladakh Range


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important trade routes in Asia was exploited to the full. Ladakhis collected tax on goods that crossed their kingdom from Turkestan, Tibet, Punjab, Kashmir and Baltistan. A minority of Ladakhi people were also employed as merchants and caravan traders, facilitating trade in textiles, carpets, dyestuffs and narcotics between Punjab and Xinjiang. However, since the Chinese Government closed the borders with Tibet and Central Asia, this international trade has completely dried up.

Since 1974, the Indian Government has encouraged a shift in trekking and other tourist activities from the troubled Kashmir region to the relatively unaffected areas of Ladakh. Although tourism employs only 4% of Ladakh's working population, it now accounts for 50% of the region's GNP.

Adventure tourism in Ladakh started in the 19th century. By the turn of the 20th century, it was not uncommon for British officials to undertake the 14-day trek from Srinagar to Leh as part of their annual leave. Agencies were set up in Srinagar and Shimla specialising in sports-related activities — hunting, fishing and trekking. This era is recorded in Arthur Neves The Tourist's Guide to Kashmir, Ladakh and Skardo, first published in 1911. Today, about 100,000 tourists visit Ladakh every year. Among the popular places of tourist interest include Leh, Drass valley, Suru valley, Kargil, Zangskar, Zangla, Rangdum, Padum, Phugthal, Sani, Stongdey, Shyok Valley, Sankoo, Salt Valley and several popular trek routes like Lamayuru - Padum - Darcha, the Nubra valley and the Indus valley.

Extensive government employment and large-scale infrastructure projects — including, crucially, road links — have helped consolidate the new economy and create an urban alternative to farming. Subsidised food, government jobs, the tourism industry and new infrastructure have accelerated a mass migration from the farms into Leh town. The Indian army is a major part of the economy by employing tens of thousands
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