Three ITDC hotels handed over to Rajasthan, Karnataka, Arunachal govts

Three ITDC hotels handed over to Rajasthan, Karnataka, Arunachal govts”

As part of the disinvestment excerise, the Centre on Wednesday chose to exit three ITDC hotels including Jaipur Ashok and handover them to the state governments concerned.

In a meeting chaired by Prime Minister Narendra Modi, the cabinet committee on economic affairs approved the transfer of Hotel Jaipur Ashok to the Rajasthan government and Lalitha Mahal Palace Hotel, Mysore, to the Government of Karnataka.

During NDA's first stint in power between 1999 and 2004, the then Vajpayee government had divested its stakes in 18 ITDC hotels, bringing down the number of state-run hotels from 34 to 16.

Following the Centre's surrendering of ownership, "states will have the authority to decide on how these (hotels) will be redeveloped, al also on who with to form joint ventures for their redevelopment et cetera", Jaitley said.

Union Cabinet on Wednesday made a decision to disinvest three ITDC hotels and hand over to State Governments.

Reacting on Rohingyas issue, Jaitley said it is a policy issue and the government has filed an affidavit in the Supreme Court in this regard.

The ministry of tourism has to date transferred the properties or units of Hotel Lake View Ashok, Bhopal; Hotel Brahmaputra Ashok, Guwahati and Hotel Bharatpur Ashok, Bharatpur to the state governments concerned.

In addition, "in principle" approval for transfer of Hotel Janpath, New Delhi to ministry of urban development has also been approved by the CCEA.

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