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Home Business

Secy Tourism reviews functioning of JKTDC, Asks Corporation to make their assets profitable

KH Business Desk by KH Business Desk
January 12, 2024
in Business
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Coop Societies engines of Rural Economy: Mudgal
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Jammu: Commissioner Secretary, Tourism, Yasha Mudgal, after taking the charge of the department, recently chaired a meeting to review the functioning of J&K Tourism Development Corporation (JKTDC).
Besides Managing Director JKTDC, the meeting was attended by other office bearers of the corporation and senior officers of the Tourism Department here.
The Commissioner Secretary had a holistic overview of business of the corporation. She enquired about its assets, their upkeep and utilization in realizing the revenue for JKTDC. She also asked about the staff strength of the corporation and their roles and responsibilities in running the business of the entity successfully.
Describing tourism business as highly profitable, the Commissioner Secretary asked the officials to explore the ways for optimum utilization of all assets of the corporation so as to fetch a good revenue and make the business profitable.
Yasha Mudgal directed the officers to hold the board meetings on regul basis for deciding the matters of the corporation and carrying out its activities smoothly. She asked them to be proactive in realizing all their outstandings besides being competitive in doing the business in the market.
Regarding assets of the corporation, the Commissioner Secretary was apprised that it possesses 36 Hotels comprising 780 rooms, 46 restaurants, 14 shops, 5 cafeteria, 199 huts and 133 dormitory rooms, conference halls etc. It was also given out that the corporation bears a staff strength of 622 in position at different designations.
The meeting was further apprised that a number of achievements have been recorded during 2022-23 including upgradation and renovation of different properties. The corporation has also installed e-payment system at its 23 units in collaboration with Paytm for ease of customers.
The corporation highlighted several of its issues including major outstandings. They also threw light on its roadmap to realize these amounts and creating an ambience where the corporation is going to be a real for-profit enterprise from the upcoming financial year 2024-25 besides reducing the losses considerably this year either.

KH Business Desk

KH Business Desk

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The publication of “Kashmir Horizon” as an English daily was started with a modest attempt on May 19, 2008.It has been a Himalayan attempt for “The Kashmir Horizon” to survive the challenges posed to journalism in the violence fraught place like Jammu & Kashmir.

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