The Cabinet Committee on Economic Affairs has approved the initiation of the process of disinvestment of hotels/properties of the India Tourism Development Corporation Ltd. (ITDC). In the first stage of the disinvestment process, three hotels have been taken up for disinvestment—Hotel Lake View Ashok, Bhopal Hotel Brahmaputra Ashok, Guwahati, Hotel Bharatpur Ashok, Bharatpur. In all three cases, the hotels/properties are being given back to the concerned states. In the case of Bhopal and Guwahati, ITDC is divesting its share of 51 per cent in the Joint Venture Company formed for operation of the hotels whereas in the case of Bharatpur, the unit which was only managed by ITDC is being returned to the State Government. The decision on disinvestment has been made, keeping in view that running and managing hotels on professional lines is not the work of the Government or its entities. Further, there has been considerable development in the hospitality sector in the country in past years, with world class hotels and all leading international chains of hotels present in the country and providing services and facilities of highest standards. As part of the disinvestment policy, it has been decided to lease/sub-lease the hotels/properties jointly with the concerned states or return the properties to the states, after fair valuation. The states would then have the option to upgrade and operate the Hotels by involving the private sector or to utilize the properties as per their requirements. States have exercised their options accordingly, in each case going forward with the option best suited to their needs, in line with the overarching principle that it is not the business of Government to run or manage hotels.
Read More »Govt. approves land for Cargo centre at Guwahati airport
The Union Cabinet has approved leasing out of Airports Authority of India (AAI) land measuring 4050 sq. mtrs. to Assam Industrial Development Corporation for Centre for Perishable Cargo at Lokpriya Gopinath Bordoloi International Airport, Guwahati. This will be utilised for setting up of Centre for Perishable Cargo (CPC) and its future expansion at Lokpriya Gopinath Bordoloi International Airport (LGBI Airport), Guwahati. The land is to be leased by AAI on a token licence fee of Rs.1/- per annum for a period of seven years subject to signing of Lease Agreement. After expiry of initial period of seven years, the future lease period will be made afresh as per AAI policy in-vogue. North Eastern Region (NER) in India is rich in flora and fauna. Revenue from export of agriculture and horticulture items will improve economic conditions of NER. There is a need for promotions of perishable cargo export from this region, which will generate employment opportunities directly or indirectly. Facilities for air upliftment of perishable cargo from Guwahati are required to be more effective. Therefore, it has been decided to lease land measuring 4050 sq. Mtrs. to AIDC, by AAI for setting up of CPC and its future expansion at LGBI Airport, Guwahati.
Read More »AirAsia to connect Bengaluru with Hyderabad, Guwahati & Goa
AirAsia will connect Bengaluru with Hyderabad and Goa from September 22. The airline would also operate flights between Bengaluru and Guwahati with daily service. This was announced at the company’s press conference where AirAsia disclosed its plans of expansion of its fleet along with starting new routes in India. As part of the proposed plans, it will induct 20 Airbus A320 aircraft to its India operation. “We want to expand our presence in India as a low cost player. We have put in very careful consideration about where we fly. It must be commercially viable at the end of the day. It is a very young market and will take time to stabilise,” says Amar Abrol, Chief Executive Officer, AirAsia India. The company at present has a market share of 2.2 per cent in the domestic business with an average load factor of 86 per cent. “AirAsia has ordered for 100 A320neo. As and when they are added to our fleet we expect those will be added to India operations also,” adds Abrol. He also pointed out that as of now the company is operating a single fleet but is also constantly evaluating other types of aircrafts. “It again depends on the demands in the areas where ATR can fly. There are no immediate plans,” he says. (Source: The Hindu)
Read More »Vistara increases frequency to Guwahati
Vistara announces additional frequency between Delhi and Guwahati. Effective June 18, 2016, Vistara will operate double daily on the Delhi-Guwahati route. Introductory one-way fare starting Rs 2,700 in Economy Class, Rs. 5,000 in Premium Economy and Rs. 15,000 in Business Class. Guwahati, the gateway to the northeast, is the largest and most cosmopolitan city in Assam and serves as the starting point for most north eastern itineraries. With the addition of the new frequency, Vistara will now offer convenient connections to Guwahati from Ahmedabad, Mumbai, Bengaluru, Hyderabad and Srinagar, and from Guwahati to Bagdogra, and to Mumbai and Ahmedabad via Delhi.
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