Union Culture Minister Mahesh Sharma on Thursday said two ITDC hotels, Ashok and Samrat, would not be disinvested due to security concerns arising out of these being located close to the Prime Minister’s residence -7, lok Kalyan Marg. Speaking at the 112th Annual Session of the PHDCCI here, Sharma said barring these two, all the other 15 hotels owned by the Govt-run ITDC would eventually be disinvested.
The Minister added that he had a discussion (when he held the tourism portfolio) with PM Narendra Modi about the disinvestment of the ITDC hotels and conveyed to the latter that of the 17, he wanted to disinvest eight as they were incurring losses.