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Tourism ministry announces special financial package to J&K for rebuilding tourist infrastructure

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Capital Market
Last Updated : Sep 11 2014 | 7:16 PM IST

Special Financial Package of Rs 100 crore, in addition to Rs 127 crore already sanctioned

The Union Ministry of Tourism has announced a special package to the flood affected state of Jammu and Kashmir for restoration and reconstruction of the affected Government tourist facilities.

The Ministry of Tourism will extend a Special Financial Package of Rs 100 crore to the State for rebuilding the recently damaged government tourist infrastructure. This is in addition to the already prioritized projects for Central Financial Assistance (CFA) of Rs 127 crore in the current financial year for developing tourism infrastructure in the State.

The State Government will be advised to assess the destroyed and damaged tourist amenities and conveniences and come back with the requirement of funds for rebuilding the infrastructure. On examination of the demand, Ministry of Tourism will sanction funds. The funds sanctioned in the relief package will be utilized for restoration and reconstruction of infrastructure across the State with a special focus on tourist facilities in the valley.

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First Published: Sep 11 2014 | 5:32 PM IST

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