India's union cabinet approves central university in Ladakh | The Business Standard
Skip to main content
  • Latest
  • Economy
    • Banking
    • Stocks
    • Industry
    • Analysis
    • Bazaar
    • RMG
    • Corporates
    • Aviation
  • Videos
    • TBS Today
    • TBS Stories
    • TBS World
    • News of the day
    • TBS Programs
    • Podcast
    • Editor's Pick
  • World+Biz
  • Features
    • Panorama
    • The Big Picture
    • Pursuit
    • Habitat
    • Thoughts
    • Splash
    • Mode
    • Tech
    • Explorer
    • Brands
    • In Focus
    • Book Review
    • Earth
    • Food
    • Luxury
    • Wheels
  • Subscribe
    • Epaper
    • GOVT. Ad
  • More
    • Sports
    • TBS Graduates
    • Bangladesh
    • Supplement
    • Infograph
    • Archive
    • Gallery
    • Long Read
    • Interviews
    • Offbeat
    • Magazine
    • Climate Change
    • Health
    • Cartoons
  • বাংলা
The Business Standard

Monday
July 14, 2025

Sign In
Subscribe
  • Latest
  • Economy
    • Banking
    • Stocks
    • Industry
    • Analysis
    • Bazaar
    • RMG
    • Corporates
    • Aviation
  • Videos
    • TBS Today
    • TBS Stories
    • TBS World
    • News of the day
    • TBS Programs
    • Podcast
    • Editor's Pick
  • World+Biz
  • Features
    • Panorama
    • The Big Picture
    • Pursuit
    • Habitat
    • Thoughts
    • Splash
    • Mode
    • Tech
    • Explorer
    • Brands
    • In Focus
    • Book Review
    • Earth
    • Food
    • Luxury
    • Wheels
  • Subscribe
    • Epaper
    • GOVT. Ad
  • More
    • Sports
    • TBS Graduates
    • Bangladesh
    • Supplement
    • Infograph
    • Archive
    • Gallery
    • Long Read
    • Interviews
    • Offbeat
    • Magazine
    • Climate Change
    • Health
    • Cartoons
  • বাংলা
MONDAY, JULY 14, 2025
India's union cabinet approves central university in Ladakh

South Asia

Hindustan Times
23 July, 2021, 07:10 pm
Last modified: 23 July, 2021, 07:14 pm

Related News

  • International wildlife trafficking gang busted in India
  • Indian election officials says 'large number' of foreigners found during Bihar voter list revision
  • India eases sulphur emission rules for coal power plants, reversing decade-old mandate
  • Musk's Tesla marks formal India entry with Mumbai launch event
  • Inside the cockpit: How Air India's Boeing Dreamliner flight ended in disaster

India's union cabinet approves central university in Ladakh

The decision was taken at the meeting chaired by Prime Minister Narendra Modi with an aim of addressing regional imbalances in higher education level and stimulating the intellectual current within the broader society of Ladakh

Hindustan Times
23 July, 2021, 07:10 pm
Last modified: 23 July, 2021, 07:14 pm
Photo/ Instagram/@divyanshu___travel_photography via Hindustan Times
Photo/ Instagram/@divyanshu___travel_photography via Hindustan Times

In a slew of decisions, the Union Cabinet on Thursday approved the setting up of a central university in the union territory of Ladakh, while also giving its nod to an integrated multi-purpose infrastructure development corporation.

The decision was taken at the meeting chaired by Prime Minister Narendra Modi with an aim of addressing regional imbalances in higher education level and stimulating the intellectual current within the broader society of Ladakh.

"Cabinet approves establishment of a Central University in the Union Territory of #Ladakh," Jaideep Bhatnagar, principal director general of the Press Information Bureau (PIB), tweeted on Thursday.

The Business Standard Google News Keep updated, follow The Business Standard's Google news channel

In a press release, the Union government said, "The Cabinet also approved the creation of one post of Managing Director, for the corporation in the pay scale of ₹1,44,200- ₹2,18,200 level."

"The authorised share capital of the Corporation will be ₹25 crore and recurring expenditure will be around ₹2.42 crore per year. It is a new establishment. Presently, there is no such similar organisation within the newly formed UT of Ladakh," the release added.

The government said that the approval has the potential to generate employment as the corporation will be undertaking various developmental activities. "Corporation will work for industry, tourism, transport and marketing of local products and handicraft. Corporation will also work as main construction agency for infrastructure development in Ladakh," the press release added.

"The establishment of corporation will result in inclusive and integrated development of the Union Territory of Ladakh. This will, in turn, ensure socio-economic development of the entire region and population of the Union Territory. The impact of development will be multi-dimensional. It will help in further development of human resources and better utilisation thereof. It increases domestic production of goods and services and will facilitate their smooth supply. Thus, the approval will help in realising the goal of Atmanirbhar Bharat."

The Cabinet also approved a Production Linked Incentive (PLI) Scheme for specialty steel. The duration of the scheme will be five years, from 2023-24 to 2027-28. "With a budgetary outlay of ₹6,322 crore, the scheme is expected to bring in investment of approximately ₹40,000 crore and capacity addition of 25 MT for speciality steel. The scheme will give employment to about 525,000 people, of which 68,000 will be direct employment. Speciality steel has been chosen as the target segment because out of the production of 102 million tonnes steel in India in 2020-21, only18 million tonnes value added steel/speciality steel was produced in the country," the government said.

World+Biz

India / Union Cabinet / Central / University / Ladakh

Comments

While most comments will be posted if they are on-topic and not abusive, moderation decisions are subjective. Published comments are readers’ own views and The Business Standard does not endorse any of the readers’ comments.

Top Stories

  • Infograph: TBS
    From fuels to fruits, imports slump on depressed demand
  • Sk Bashir Uddin. File Photo: Collected
    Commerce adviser to brief media today on US tariff negotiation
  • Govt to set six conditions to prevent delays, waste in foreign-funded projects
    Govt to set six conditions to prevent delays, waste in foreign-funded projects

MOST VIEWED

  • From Gulf to Southeast Asia, why Bangladeshis are facing visa denials
    From Gulf to Southeast Asia, why Bangladeshis are facing visa denials
  • Infographic: TBS
    Dollar price plummets by Tk2.9 in a week as demand wanes
  • Energy Adviser Fouzul Kabir Khan speaking about tariff negotiations with United States on 13 July 2025. Photo: TBS
    US wants a framework agreement with Bangladesh that includes their security concerns: Fouzul
  • CNG drivers blockaded a road in Banani demanding route allocation on 13 July 2025. Photo: TBS
    CNG drivers block road in Banani for hours, causing Mohakhali-Uttara gridlock 
  • BSEC directs 44 firms to transfer Tk1,000cr in unclaimed dividends to CMSF
    BSEC directs 44 firms to transfer Tk1,000cr in unclaimed dividends to CMSF
  • TBS Sketch
    Framework agreement: What experts say about US 'security concerns' regarding Bangladesh

Related News

  • International wildlife trafficking gang busted in India
  • Indian election officials says 'large number' of foreigners found during Bihar voter list revision
  • India eases sulphur emission rules for coal power plants, reversing decade-old mandate
  • Musk's Tesla marks formal India entry with Mumbai launch event
  • Inside the cockpit: How Air India's Boeing Dreamliner flight ended in disaster

Features

Photo: Collected

Grooming gadgets: Where sleek tools meet effortless styles

18h | Brands
The 2020 Harrier's Porsche Cayenne coupe-like rear roofline, integrated LED lighting with the Modellista special bodykit all around, and a swanky front grille scream OEM Plus for the sophisticated enthusiast looking for a bigger family car that isn’t boring. PHOTO: Ahbaar Mohammad

2020 Toyota Harrier Hybrid: The Japanese Macan

1d | Wheels
The showroom was launched through a lavish event held there, and in attendance were DHS Motors’ Managing Director Nafees Khundker, CEO Imran Zaman Khan, and GMs Arman Rashid and Farhan Samad. PHOTO: Akif Hamid

GAC inaugurate flagship showroom in Dhaka

1d | Wheels
After India's visa restriction, China's Kunming is drawing Bangladeshi patients

After India's visa restriction, China's Kunming is drawing Bangladeshi patients

2d | Panorama

More Videos from TBS

'Boat' to remain in symbol list, 'Shapla' not included: EC Machud

'Boat' to remain in symbol list, 'Shapla' not included: EC Machud

40m | TBS Today
When the Threat Is Inside the White House

When the Threat Is Inside the White House

12h | Others
Shooting in Pallabi: What the police are saying

Shooting in Pallabi: What the police are saying

13h | TBS Stories
News of The Day, 13 JULY 2025

News of The Day, 13 JULY 2025

15h | TBS News of the day
EMAIL US
contact@tbsnews.net
FOLLOW US
WHATSAPP
+880 1847416158
The Business Standard
  • About Us
  • Contact us
  • Sitemap
  • Advertisement
  • Privacy Policy
  • Comment Policy
Copyright © 2025
The Business Standard All rights reserved
Technical Partner: RSI Lab

Contact Us

The Business Standard

Main Office -4/A, Eskaton Garden, Dhaka- 1000

Phone: +8801847 416158 - 59

Send Opinion articles to - oped.tbs@gmail.com

For advertisement- sales@tbsnews.net