With Rs 25 crore share capital the corporation will be first organization dedicated to development in the region
Corporation will work for industry, tourism, transport and marketing of local products and handicraft
Corporation to work as main construction agency for infrastructure development in Ladakh
Goal of Atmanirbhar Bharat to be realized through employment generation, inclusive and integrated development of Ladakh region

The Union Cabinet chaired by the Prime Minister Shri Narendra Modi has approved the establishment of an Integrated Multi-purpose infrastructure Development Corporation for the Union Territory of Ladakh

The Cabinet also approved the creation of one post of Managing Director, for the corporation in the pay scale of Rs.1,44,200- Rs.2,18,200level.

The authorized share capital of the Corporation will be Rs.25 crore and recurring expenditure will be around Rs. 2.42 crore per year. It is a new establishment. Presently, there is no such similar organization within the newly formed UT of Ladakh. The approval has an inherent potential for employment generation as the corporation will be undertaking various kinds of 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 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 utilization thereof. It increases domestic production of goods and services and will facilitate their smooth supply. Thus, the approval will help in realizing the goal of Atmanirbhar Bharat.

Background:

Consequent upon re-organisation of the erstwhile State of Jammu and Kashmir as per the Jammu and Kashmir Reorganisation Act, 2019, the Union Territory of Ladakh (without Legislature) came into existence on 31.10.2019.

An Advisory Committee was constituted under section 85 of the Jammu and Kashmir Reorganization Act, 2019 for making recommendations regarding the apportionment of the assets and liabilities of the erstwhile State of Jammu and Kashmir between the Union Territory of Jammu and Kashmir, and the Union Territory of Ladakh. The said Committee inter-alia recommended for the establishment of an Integrated Infrastructure Development Corporation Limited on the lines of the Andaman & Nicobar Islands Integrated Development Corporation Limited (ANIIDCO), with an appropriate mandate to take up various developmental activities as per the specific needs of Ladakh.

iii. Accordingly, the Union Territory of Ladakh sent a proposal to this Ministry for the establishment of the corporation in the Union Territory of Ladakh, which was recommended by the Committee on Establishment Expenditure (CEE), Ministry of Finance in April, 2021.

 

 

Explore More
Today, the entire country and entire world is filled with the spirit of Bhagwan Shri Ram: PM Modi at Dhwajarohan Utsav in Ayodhya

Popular Speeches

Today, the entire country and entire world is filled with the spirit of Bhagwan Shri Ram: PM Modi at Dhwajarohan Utsav in Ayodhya
How NPS transformed in 2025: 80% withdrawals, 100% equity, and everything else that made it a future ready retirement planning tool

Media Coverage

How NPS transformed in 2025: 80% withdrawals, 100% equity, and everything else that made it a future ready retirement planning tool
NM on the go

Nm on the go

Always be the first to hear from the PM. Get the App Now!
...
PM Modi addresses a public rally virtually in Nadia, West Bengal
December 20, 2025
Bengal and the Bengali language have made invaluable contributions to India’s history and culture, with Vande Mataram being one of the nation’s most powerful gifts: PM Modi
West Bengal needs a BJP government that works at double speed to restore the state’s pride: PM in Nadia
Whenever BJP raises concerns over infiltration, TMC leaders respond with abuse, which also explains their opposition to SIR in West Bengal: PM Modi
West Bengal must now free itself from what he described as Maha Jungle Raj: PM Modi’s call for “Bachte Chai, BJP Tai”

PM Modi addressed a public rally in Nadia, West Bengal through video conferencing after being unable to attend the programme physically due to adverse weather conditions. He sought forgiveness from the people, stating that dense fog made it impossible for the helicopter to land safely. Earlier today, the PM also laid the foundation stone and inaugurated development works in Ranaghat, a major way forward towards West Bengal’s growth story.

The PM expressed deep grief over a mishap involving BJP karyakartas travelling to attend the rally. He conveyed heartfelt condolences to the families of those who lost their lives and prayed for the speedy recovery of the injured.

PM Modi said that Nadia is the sacred land where Shri Chaitanya Mahaprabhu, the embodiment of love, compassion and devotion, manifested himself. He noted that the chants of Harinaam Sankirtan that once echoed across villages and along the banks of the Ganga were not merely expressions of devotion, but a powerful call for social unity.

He highlighted the immense contribution of the Matua community in strengthening social harmony, recalling the teachings of Shri Harichand Thakur, the social reform efforts of Shri Guruchand Thakur, and the motherly compassion of Boro Maa. He bowed to all these revered figures for their lasting impact on society.

The PM said that Bengal and the Bengali language have made invaluable contributions to India’s history and culture, with Vande Mataram being one of the nation’s most powerful gifts. He noted that the country is marking 150 years of Vande Mataram and that Parliament has recently paid tribute to this iconic song. He said West Bengal is the land of Bankim Chandra Chattopadhyay, whose creation of Vande Mataram awakened national consciousness during the freedom struggle.

He stressed that Vande Mataram should inspire a Viksit Bharat and awaken the spirit of a Viksit West Bengal, adding that this sacred idea forms the BJP’s roadmap for the state.

PM Modi said BJP-led governments are focused on policies that enhance the strength and capabilities of every citizen. He cited the GST Savings Festival as an example, noting that essential goods were made affordable, enabling families in West Bengal to celebrate Durga Puja and other festivals with joy.

He also highlighted major investments in infrastructure, mentioning the approval of two important highway projects that will improve connectivity between Kolkata and Siliguri and strengthen regional development.

The PM said the nation wants fast-paced development and referred to Bihar’s recent strong mandate in favour of the BJP-NDA. He recalled stating that the Ganga flows from Bihar to Bengal and that Bihar has shown the path for BJP’s victory in West Bengal as well.

He said that while Bihar has decisively rejected jungle raj, West Bengal must now free itself from what he described as Maha Jungle Raj. Referring to the popular slogan, he said the state is calling out, “Bachte Chai, BJP Tai.”

The PM emphasised that there is no shortage of funds, intent or schemes for West Bengal’s development, but alleged that projects worth thousands of crores are stalled due to corruption and commissions. He appealed to the people to give BJP a chance and form a double-engine government to witness rapid development.

He cautioned people to remain alert against what he described as TMC’s conspiracies, alleging that the party is focused on protecting infiltrators. He said that whenever BJP raises concerns over infiltration, TMC leaders respond with abuse, which also explains their opposition to SIR in West Bengal.

Concluding his address, PM Modi said West Bengal needs a BJP government that works at double speed to restore the state’s pride. He assured that he would speak in greater detail about BJP’s vision when he visits the state in person.