"Unless economic prosperity of a large chunk of population associated with handicrafts is ensured, this specialty and novelty of the state will face extinction," Omar told a function organised by the Directorate of Handicrafts here.
He said his government has initiated innovative measures for the development and growth of this living heritage and the people associated with it.
The function was organised to distribute Modern Carpet Looms and Artisan Credit Cards to the beneficiaries.
Omar said some unscrupulous traders have damaged the reputation of Kashmir handicrafts by indulging in manufacturing and marketing of spurious items.
"I have asked the concerned (authorities) to keep vigil on such activities and ensure reputation of the trade," he said.
Omar asked the artisans to play their role in stopping such elements to defame the trade.