Central University approved in Ladakh

The Union Cabinet has given its approval of the formation of a Central University in Ladakh. This project cost for the formation of this university will be Rs 750 crore.

Key Points

  • In four years the first phase of the university will be completed.
  • To facilitate the formation of Central University in Ladakh the bill for amending Central Universities Act, 2009 will be introduced.
  • Establishing this university will aid the propagation of higher education in this region.
  • The jurisdiction of this Central University will cover the entire region of Ladakh including Kargil and Leh.

Other announcements of the Cabinet

  • The formation of an integrated multipurpose corporation was also announced by the cabinet. This corporation will shoulder development projects in Ladakh.
  • This corporation will also look after the development of tourism, industries, and various transport services in Ladakh as well as marketing of the regions handicrafts and local products.
  • This corporation will also aid in the development of infrastructure in this region and will as Ladakh’s the primary infrastructure construction agency.
  • This corporation will be formed under the Companies Act and will have an authorised share capital of Rs 25 crore with an annual outlay of Rs 2.42 crore.
  • This corporation will also create job opportunities in this region.

About Ladakh

Ladakh is a Union Territory of India and it was established in the year 2019. Radha Krishna Mathur is the Lieutenant General of Ladakh.

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