JKSCCC has earned a revenue of Rs 35.83 crore till January 2014 from Gandola ride against Rs 31.97 crore earnings during the corresponding period of last financial year.
The information was given at the meeting of Board of Directors of Jammu and Kashmir State Cable Car Corporation Limited held under the Chairmanship of Minister for Tourism, Ghulam Ahmad Mir here today.
While the Corporation had set a target of Rs 33.44 crore this fiscal year, it is now expecting to touch the figure of Rs 36.50 crore revenue generation at its cable car installations.
The meeting was informed that Makhdoom Sahib Ropeway was completed and commissioned last December, and has earned a revenue of Rs 2 lakh in two months.
Work has started on the Rs 40-crore Jammu Rope Way project from Peerkho to Mahamaya to Shahbad. After conducting a detailed survey for Veerinag ropeway project, the DPRs of Rs 18.50 crore has been formulated and it is proposed that project would be taken up on BOOT Basis.
Mir underscored the need for making the corporation more vibrant by taking new initiatives for attracting tourists.
He emphasized the need for time bound completion of various Cable Car related works including Jammu ropeway. He also stressed for exploring potential areas for developing more cable car projects in the state.
You’ve reached your limit of {{free_limit}} free articles this month.
Subscribe now for unlimited access.
Already subscribed? Log in
Subscribe to read the full story →
Smart Quarterly
₹900
3 Months
₹300/Month
Smart Essential
₹2,700
1 Year
₹225/Month
Super Saver
₹3,900
2 Years
₹162/Month
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
