LAHDC passes resolution prohibiting outside investment in tourism sector

Excelsior Correspondent
JAMMU, Dec 5: Ladakh Autonomous Hill Development Council (LAHDC), Leh today passed a resolution prohibiting investment by non-local business houses in the tourism sector in Ladakh to restrict the avenues for local entrepreneurs only.
The resolution was passed on the second day of General Council meeting held to review the financial and physical progress of ongoing projects of various departments.
In the meeting, it was decided that ending August would be the dateline to submit 90% of proposals under CCDF by Councilors and the remaining 10% by September end and in case of their failure to do so the CCDF would be liable to get lapsed. However, in the cases where the proposals submitted or taken up works remain suspended there is provision for revalidation of the fund next year. CEC directed all the Councilors to incur full expenditure by end of present financial year and meet public demand considering the official norms and guidelines.
He instructed EC Gh Abass Abadi and AD CAPD to make kerosene supply available to the people by December 8 considering the Losar festival. After a long debate, the Councilors in one voice demanded new LPG connections.
To ensure maintenance of the roads, Spalbar gave strict instructions to launch FIR against people or departments who cause damage to public properties like roads. “We are the custodians, builders and maintainers,” quipped Spalbar. He also directed the Executive Engineers to impose penalty and in worst cases blacklist the contractors, who do not complete the assigned projects within given time frame and do not ensure quality work.