The Government of India on Wednesday decided to transfer “incomplete” project of Hotel Gulmarg Ashok to the Jammu and Kashmir government.

“In continuation of the disinvestment policy of the Government of India, the Cabinet Committee on Economic Affairs, chaired by the Prime Minister Shri Narendra Modi has approved to further disinvestment of ITDC properties / units / JVs by way of transfers of Incomplete Project of Hotel Gulmarg Ashok, Gulmarg to the State Government of Jammu & Kashmir and Hotel Patliputra Ashok, Patna to the State Government of Bihar respectively,” said an official handout.