Genetic analysis of linseed plant genetic resources is very important to understand gene action and combining ability for crop improvement. Eight genetically diverse lines of linseed namely Surbhi, Bhagsu, Nagarkot, T-397, Himani, Baner, JRF-1 and JRF-4 were evaluated through half diallel cross analysis under sub temperate conditions of Western Himalayas. These eight parental lines identified for seed, fibre and dual purpose trait and 28 F1 progenieswere grown in CRBD to identify potential parents and their cross combinations for yield and associated traits under variable environments. Significant level of genetic variability was observed among studied genotypes for the yield, fibre and their contributing traits. Genotype×environment (G×E) interaction was also significant except for plant height and technical height indicating a definite role of environment in the performance of genotypes. Non-additive gene action was recorded for maximum traits. Based on GCA, three genotypes viz., Baner, Nagarkot and Surbhi were recorded to be good general combiner for seed yield whereas genotypes, JRF-1 and JRF-4 were good for early maturity and fibre yield. These promising genotype harbor the genes for various traits like high seed and fibre yield, early maturity, rust and powdery mildew tolerance. On the basis of high SCA effect, four cross combinations viz., Himani×JRF-4, T-397×JRF-4, Bhagsu×Nagarkot and Surbhi×Baner were found best for seed yield while four other viz., Surbhi×T-397, Nagarkot×Himani, Surbhi×Baner and Surbhi×Bhagsu were found best for fibre yield in pooled over environments. These genotypes and cross combinations can be used in further hybridization and selection can be done for early maturity, disease tolerance, seed, fibre and dual purpose trait as per the need of linseed breeding programmes in the country.