Rs.100 crore to rebuild tourist infrastructure in J&K

Image
IANS New Delhi
Last Updated : Sep 11 2014 | 9:28 PM IST

Minister of State for Tourism Shripad Naik Thursday announced a special financial package of Rs.100 crore ($1 billion) for rebuilding tourist infrastructure in the flood ravaged Jammu and Kashmir.

"As an exceptional case, the tourism ministry has announced a special package of Rs.100 crore for restoration and reconstruction of the affected government tourist facilities in the state," a tourism ministry statement said.

"The assistance would be over and above the already prioritized projects of approximately Rs.127 crore for developing tourism infrastructure in the state in the current financial year," it added.

The state government has been advised to assess the damaged tourist amenities and revert back to the ministry. The funds will be sanctioned once the demands are examined, the ministry said.

*Subscribe to Business Standard digital and get complimentary access to The New York Times

Smart Quarterly

₹900

3 Months

₹300/Month

SAVE 25%

Smart Essential

₹2,700

1 Year

₹225/Month

SAVE 46%
*Complimentary New York Times access for the 2nd year will be given after 12 months

Super Saver

₹3,900

2 Years

₹162/Month

Subscribe

Renews automatically, cancel anytime

Here’s what’s included in our digital subscription plans

Exclusive premium stories online

  • Over 30 premium stories daily, handpicked by our editors

Complimentary Access to The New York Times

  • News, Games, Cooking, Audio, Wirecutter & The Athletic

Business Standard Epaper

  • Digital replica of our daily newspaper — with options to read, save, and share

Curated Newsletters

  • Insights on markets, finance, politics, tech, and more delivered to your inbox

Market Analysis & Investment Insights

  • In-depth market analysis & insights with access to The Smart Investor

Archives

  • Repository of articles and publications dating back to 1997

Ad-free Reading

  • Uninterrupted reading experience with no advertisements

Seamless Access Across All Devices

  • Access Business Standard across devices — mobile, tablet, or PC, via web or app

More From This Section

First Published: Sep 11 2014 | 9:12 PM IST

Next Story