GoI decides to return Gulmarg Ashok Hotel to J&K

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Srinagar: The Government of India (GoI) on Wednesday decided to transfer an incomplete hotel project, Gulmarg Ashok, Gulmarg, to Jammu & Kashmir (J&K) government as part of its disinvestment policy, an official statement.

“In continuation of Centre’s disinvestment policy, the Cabinet Committee on Economic Affairs CCEA), chaired by the Prime Minister Narendra Modi has approved transfers of incomplete project of Hotel Gulmarg Ashok, Gulmarg, to the J&K government and Hotel Patliputra Ashok, Patna to Bihar,” the statement said.