INTEGRATED MULTI-PURPOSE CORPORATION FOR THE UT OF LADAKH

About:

• 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.2,18,200 level.
  
  
• 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.
  
  
• It is being developed 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.