Indian Economy News

Tripartite MoU for Implementation of Tourism Projects In Jammu & Kashmir signed among M/o of Tourism, M/s NPCC & NBCC and Govt of J&K

New Delhi: A Tripartite Memorandum of  Understanding (MoU) for implementation of Tourism projects in Jammu and Kashmir was signed among Ministry of Tourism, M/s  NPCC & NBCC and Government of Jammu and Kashmir here today. The MoU was signed in the presence of Shri Vinod Zutshi, Secretary, M/o Tourism and the signatories for the MoU included:

  • Shri. Suman Billa, Joint Secretary , Ministry of Tourism ;
  • Shri. Shamim Ahmad Wani, Managing Director, J&K Cable Car Corporation ;
  • Shri.  K K Sharma, Executive Director, M/s NPCC ; and
  • Shri.  Alok Rastogi, Chief General Manager (BD), M/s NBCC

 The Prime Minister announced the Development Package (Reconstruction Plan) for Jammu and Kashmir on 7.11.2015. The details of all proposals included in the Development Package for Tourism are as under:


S. No.


Proposed Central Assistance(Rs.Crore)

New Initiative



Development of Tourism in the State (Rs.400 cr for 5 years) – New Projects



Construction of Govt.Tourist assets in lieu of damaged/ destroyed assets





On going and Existing Projects – Budget required PMRP 2004



(i) 12 Development Authorities, 3 Circuits, Setting up of 50 Tourist villages proposed under PMRP 2004 and

(ii)Conservation of Wular Lake














The Ministry of Tourism under the new initiative - Development of Tourism in the State– New Projects has sanctioned following projects to M/s NPCC and NBCC in the State of J&K for implementation in September 2017:

  • Integrated Development of Tourist facilities at Gulmarg – Baramulla – Kupwara – Leh  to M/s NBCC for Rs. 96.92 Crore
  • Integrated Development of Tourist facilities at Mantalai – Sudhmahadev – Patnitop in Jammu & Kashmir to M/s NPCC for Rs.  97.82 Crore

Major components sanctioned under the projects are Yoga centre, wellness SPA, Log Huts, heliports, Open air theatre, walking trail, landscaping, solar lighting, solid waste management & public amenities etc.

Disclaimer: This information has been collected through secondary research and IBEF is not responsible for any errors in the same.