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The economy of Ladakh

Majority of residents of Leh and many in Ladakh seem to be in Middle class category. Although expenses for residents also seems high.

There are multiple income sources I got to learn ladakhis have which are as follows:

  1. Tourism
    • A Major source of income for the region. From Hotel, home stays, restaurants, travel agency, transport companies all are beneficiaries.
  2. Military
    • The Military contributes a lot to the region in many ways including joining the army. I was informed 40% of youngsters aspired to join the army and serve the nation with high patriotism and makes their earning as well.
  3. The Milk economy
    • Villagers from around Leh, sells Milk to local buyers (may be hotels) at INR. 50 / liter which if sold to government buyers may get around 36 to 37 INR. Still a handsome amount. Consider the scenario where 3 or more cow are there and each produce 15 liter Milk per day approximately. Which turns out to be about 2000+ INR.
  4. The economy of Donkey (that's the name I gave it)
    • That name is given by me. Turtuk and mountainous area in Ladakh is guarded heavily by Indian army and defense personnel. To carry necessary goods to desired locations, military hires donkeys from locals for days and gives handsome amount as rent. The rent amount may be in range from INR. 700 to INR 1200.
  5. Not only Leh provides bread and butter to Ladakhis but also to many from outside. This kid is from Rajasthan. His father works at building construction which is in full swing in Leh to build Hotels etc. and his mother is into selling cloths. BRO (Border road organization) also does lots of construction work and lots of Bihari workers come to earn their daily wages. Many workers visit for 4 months, earns some 60k to 90k INR and spends around 10k+ on flight costs to reach home.

No studies in his fate it seems

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