Jharkhand Govt Signs MoU With ITDC To Take Over Hotel Ashok In Ranchi

The Jharkhand government on Tuesday signed a memorandum of understanding (MoU) with the Indian Tourism Development Corporation (ITDC) as a part to take over Hotel Ashok, a property spread over around three acre of land in Ranchi, in presence of Chief Minister Hemant Soren. According to the provisions of the MoU, the ITDC will sell its 51 per cent stake to the Jharkhand Tourism Development Corporation for Rs 3.06 crore, JTDC General Manager Alok Prasad said.

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