KCCI hails Finance Minister’s order to treat hotels at par with industries

Srinagar, May 31: The President Kashmir Chamber of Commerce and Industry (Inc), Javid Ahmad Tenga on Thursday hailed the Minister of Finance, J&K Syed Altaf Bukhari on the issuance of Government Order No267-FD of 2018 Dated: 30-05-2018 in which sanction has been accorded to the treatment of hotels and resorts at par with Industries in so far as power tariff is concerned.
The spokesman said that decision was long awaited after the Tourism sector was declared as the industry as long back as in 1995, and the government had of late included it in a 2018-19 budget announcement to treat hotels/resorts at par with industries.
This will give a great relief to the Hotel industry which has been suffering due to decline in tourist inflow over the past several years.