Thursday, October 26, 2017

DISINVESTMENT OF HOTEL ASHOK & SAMRAT IN DELHI ON HOLD DUE TO SECURITY SENSITIVITIES: DR. MAHESH SHARMA AT PHD CHAMBER

Minister of State-Environment, Forest & Climate Change, Dr. Mahesh Sharma on Thursday made it abundantly clear that dis-investment of Hotel Ashok and Hotel Samrat will be kept on hold on account of issues relating to security as these two properties surround the Prime Minister House.

Speaking at 112th Annual Session of PHD Chamber of Commerce and Industry here today, Dr. Sharma, however, added that 15 other such hotels run by the government would be disinvested as scheduled as the government of the day holds that it is not its job to run businesses.

The Minister was categorical that the disinvestment of properties relating to Hotel Ashok and Hotel Samrat would stay put on hold due to security reasons as the Prime Minister House is located nearer to these two premises.

Dr. Sharma also emphasized that India would have to preserve its cultural diversities including complexities and make sure that economic development is carried out without hurting the ecological sensitivities.

Developmental projects would not face unnecessary and uncalled for environmental and ecological regulations but at the same time, regulations would not loose their strength and teeth if these confront with ecological and environmental sensitivities.

In his welcome remarks, President, PHD Chamber, Mr. Gopal Jiwarajka laid a stress urging the minister that balance should be maintained between the economic developments and ecology so that developmental projects take off and executed without any controversies.


Sr. Vice President and Vice President, PHD Chamber, Mr. Anil Khaitan and Mr. Rajeev Talwar in their respective remarks praised the initiatives of the government of the day for preservation of Indian culture which had played a unique role for ages to maintaining balance between environment and ecology on the one side and economic development on the other.  Secretary General, PHD Chamber, Mr. Saurabh Sanyal was also present on the occasion.

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