Newsinc24 Team 
Union Minister for Finance and Corporate Affairs Minister Nirmala Sitharaman on Sunday reaffirm the commitment of the Government of India to inclusive growth and infrastructure development in the Union Territory of Ladakh. She was speaking after virtually inaugurated several development projects in Leh.The Union Finance Minister also interacted with the officials of the Union Territory administration. Sitharaman visited an exhibition of local handicrafts and handloom products by Self Help Groups (SHG) and local entrepreneurs of the Ladakh region. She interacted with artisans, women-led SHGs and local entrepreneurs showcasing traditional crafts, handloom textiles and sustainable innovations at their stalls. The Finance Minister appreciated the entrepreneurial spirit and creativity of the artisans, highlighting their role in preserving cultural heritage and boosting rural livelihoods in the Union Territory. The initiative is part of the Centre’s policy of inclusive development to empower women and local entrepreneurs and create more jobs.
Smt @nsitharaman interacts with Ms Rinchen Dolma, a PM Mudra Scheme beneficiary, during her visit to an exhibition of local handicrafts and handloom products by Self Help Groups (SHG) and Local Entrepreneurs in Leh, Ladakh.
— Nirmala Sitharaman Office (@nsitharamanoffc) June 15, 2025
"What a spectacular drive there is in her to use a… pic.twitter.com/pbTk7jWkYG
Ms Sitharaman handed over sanction letters from banks to beneficiaries under various Central Government schemes during the Credit Outreach Programme in Leh, Ladakh.
Smt @nsitharaman handed over sanction letters from banks to beneficiaries under various Central Government schemes during the Credit Outreach Programme in Leh, Ladakh. pic.twitter.com/Rbnw75ExFT
— Nirmala Sitharaman Office (@nsitharamanoffc) June 15, 2025
Sitharaman highlighted that over 64,000 MUDRA loans and more than 600 Stand-Up India loans have been sanctioned in Ladakh, with a significant share in Leh district alone. Public Sector Banks have shown increased credit activity in the region, with total loan sanctions rising steadily over the last two financial years.The Minister also visited Hemis Gompa, a Buddhist monastery of the Drukpa Lineage, in Ladakh. It was built in 1620 by King Singe Namgyal who was a great patron of Buddhism.
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