Central University approved in Ladakh

July 22, 2021

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.