A three-member committee would be formed under the chairmanship of state Soldier Welfare Minister Harak Singh Rawat, the Chief Minister said.
Two other members of the committee will be Soldier Welfare Board President Gambhir Singh Negi and Principal Secretary Ravishanker.
He was speaking after paying tributes to Kargil martyrs at a programme organised on the occasion of Vijay Diwas.
"If suitable land is not identified for the proposed war memorial, then the state government is prepared to buy it," Rawat said, adding that even though the state has limited resources, it has immense respect for jawans.
"The state government would request the Centre to implement One Rank One Pension (OROP). Also, war widows and children of disabled soldiers studying at IIT, MBBS and IMA would get an yearly assistance of Rs one lakh," Rawat said.
Harak Singh, who was also present at the programme, said Uttarakhand Purv Sainik Kalyan Nigam Ltd. (UPNL) working for the well-being of jawans are building hostels for free accommodation of war widows and martyrs' children.