Lok Sabha Question No. 194 (UNSTARRED), answered on 2016-04-25
Subject: Privatisation of Hotels
Ministry: TOURISM
Asked by: SADASHIV KISAN LOKHANDE

## GOVERNMENT OF INDIA MINISTRY OF TOURISM

## LOK SABHA UNSTARRED QUESTION NO.†194 ANSWERED ON 25.04.2016

## PRIVATISATION OF HOTELS

## †194. SHRI SADASHIV LOKHANDE:

Will the Minister of TOURISM be pleased to state:

- (a) whether  the Government  has  privatised/disinvested  some hotels  under  its  control  and  if  so,  the  names  of  the  hotels which have been privatized/disinvested along with the revenue earned by the Government in case of each hotel, hotel-wise;
- (b) whether the Government has found any irregularity in privatization/selling of hotels and has conducted any enquiry;
- (c)
- (d)
- if so, the details thereof; and
- the action taken by the Government in this regard?

## ANSWER

MINISTER OF STATE FOR TOURISM (INDEPENDENT CHARGE) (DR. MAHESH SHARMA)

(a) to (d): During  the  years  2001  and  2002,  18  hotels  and  one incomplete  hotel  project  of  ITDC  were  disinvested  under  the Government's Disinvestment Policy.  A statement giving names of hotels  disinvested  and  the  amount  received  by  the  Government against the sale of equity shares in the shell companies is given in Annexure-I.

The Central Bureau of Investigation (CBI), Jodhpur received a complaint  in  respect  of  disinvested  Hotel  Laxmi  Vilas  Palace, Udaipur  and  the  same  is  under  investigation  with  them.  The  final outcome of the inquiry is awaited from the CBI, Jodhpur.

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## ANNEXURE-I

STATEMENT  IN  REPLY  TO  PART  (a) TO  (d)  OF  LOK  SABHA UNSTARRED QUESTION NO.+194 ANSWERED ON 25.04.2016 REGARDING PRIVATISATION OF HOTELS.

## DETAILS OF ITDC HOTELS DISINVESTED DURING THE YEARS 2001 AND 2002

|   Sl. No. | Name of the Hotel                                                      | Amount Payable to the Government of India against the sale of shares of Shell Companies (in Rupees). GOI Equity shares 89.97% *   |
|-----------|------------------------------------------------------------------------|-----------------------------------------------------------------------------------------------------------------------------------|
|         1 | Hotel Ashok, Bangalore & Airport Restaurant Bangalore (On Lease Basis) | 4,11,00,000/- (Minimum Guaranteed Annual Payment)                                                                                 |
|         2 | Hotel Hassan Ashok, Hassan                                             | 2,26,23,406/-                                                                                                                     |
|         3 | Hotel Bodhgaya Ashok, Bodhgaya                                         | 1,80,94,273/-                                                                                                                     |
|         4 | Hotel Madurai Ashok, Madurai                                           | 4,93,73,729/-                                                                                                                     |
|         5 | Temple Bay Ashok Beach Resort, Mamallapuram                            | 6,12,71,171/-                                                                                                                     |
|         6 | Hotel Agra Ashok, Agra                                                 | 3,53,92,673/-                                                                                                                     |
|         7 | Laxmi Vilas Palace Hotel, Udaipur                                      | 6,76,79,780/-                                                                                                                     |
|         8 | Qutab Hotel, New Delhi                                                 | 10,98,55,893/-                                                                                                                    |
|         9 | Lodhi Hotel, New Delhi                                                 | 40,28,14,567/-                                                                                                                    |
|        10 | Hotel Airport Ashok, Kolkata                                           | 5,64,73,145/-                                                                                                                     |
|        11 | Kovalam Ashok Beach Resort, Kovalam                                    | 29,72,69,034/-                                                                                                                    |
|        12 | Hotel Manali Ashok, Manali                                             | 3,10,43,599/-                                                                                                                     |
|        13 | Hotel Khajuraho Ashok, Khajuraho                                       | 19,83,594/-                                                                                                                       |
|        14 | Hotel Varanasi Ashok, Varanasi                                         | 6,57,36,686/-                                                                                                                     |
|        15 | Hotel Aurangabad Ashok, Aurangabad                                     | 8,15,92,835/-                                                                                                                     |
|        16 | Hotel Ranjit, New Delhi                                                | 9,14,32,041/-                                                                                                                     |
|        17 | Hotel Indraprashtha , New Delhi                                        | 14,84,38,576/-                                                                                                                    |
|        18 | Hotel Kanishka, New Delhi                                              | 32,14,15,576/-                                                                                                                    |
|        19 | Incomplete hotel project at Chandigarh                                 | 4,61,83,168/- (ITDC)                                                                                                              |

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