JKTDC earns a revenue of Rs 35 crore: MD


JAMMU:-Minister for Tourism and Culture, Mr Nawang Rigzin Jora and Minister of State for Tourism, Culture and Home, Mr Nasir Aslam Wani today released 2013 year calendar of Jammu and Kashmir Tourism Development Corporation (JKTDC).

The calendar showcases various hotels and restaurants of the Corporation.

Jora on the occasion said that JKTDC have achieved new heights for making the Corporation more commercial and profitable. He appreciated the efforts of the Managing Director and management of the Corporation for bringing out the Corporation out of losses by their heard work.

Managing Director of JKTDC on the occasion informed That Corporation has made great strides in revenue receipts, profitability and development of personal management in the corporation.

 He said that the Corporation has been able to raise revenue receipts from the year 2008-9 to over Rs 35 crore during current year, besides all most facilitations including hotels and restaurants run by the Corporation that where in depilated condition due to unfortunate turmoil in the Valley have been repaired, renovated and up-graded.

Mr. Satash said that historical Buddha shah hotel have been re-constructed at a cost at a cost of Rs 4.20 crore, which has given new, look to Lal Chowk area. He said that gutted Phalgam Club also been re-constructed at a cost of Rs 16 crore and is slated to be completed in next financial year. He said that state of art facilities including auditorium, bowling ally and temperature control besides swimming pool have been provided in the newly re-constructed Club.

Giving further details, the MD said that new budgeted accommodation/ hotels are being constructed at Yousmarg, sonamarg and Gulmarg which shall be completed in next fiscal, there by adding to the infrastructure for tourists visiting to the State.

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