PSUs Approved for Disinvestment

Punjab Tourism Development Corporation

Punjab Tourism Development Corporation is a wholly owned Public Sector Undertaking of the State Government. The Tourist Complexes owned by the State Government were transferred to the Corporation on 1st April, 1979.

Name of the complex Location Tel.No.
Amritsar International Hotel (3 star) Amritsar 555991-92
Amaltas Hotel (3 star) Ludhiana 826500,826502
Queen’s Flower Tourist Resort Neelon 66993
Bougainvillea Floating Restaurant

Sirhind

555570
Coral Restaurant & Bar Madhopur 57241
Pinkcassia Tourist Complex Ropar 22097
Gulmohar Tourist Complex (2 star) Pathankot 20292
Kadamba Tourist Complex Nangal 23122
Maulsari Aam Khas Bagh Sirhind 22250
Blue Bell Restaurant & Bar Phagwara 61671

Subsequently after the incorporation of the Company as Punjab Tourism Development Corporation the following complexes were commissioned:-

Name of the complex Location Tel.No. Year Of Commencing
Kachnar Tourist Complex Shambu 465233 (1979)
Magnolia Tourist Complex Kartarpur 782322 (1982)
Punjabi Rasoi New Delhi 3371639 (1987)
Sapling Estate Holiday Resort Mussoorie 632655 (1988)
Gardenia T. Complex Kapurthala 01822-36482 (2001)
Sohni Holiday Inn Goa 423174 (1992)
Chandani Tourist Complex Nidampur 0167-3265414 (1993)
Sukhchain Tourist Complex Jalandhar 222250, 234324 (1993)
Kaner Tourist Complex Moga 24348 (1993)
Lajwanti Tourist Complex Hoshiarpur 224844, 241937 (1993)
Mountview Holiday Home Dharamshala 22041 (1994)
Rajsarai Holiday Resort Jaipur 232017 (1995)

At present the Corporation has 18 Tourist Complexes and 4 Holiday Homes. These tourist complexes spread all over the State. It serve ethnic punjabi food at Punjabi Rasoi in Punjab Pavillion at Pragati Maidan and Punjabi Tandoor at Dilli Haat (near INA market) New Delhi . Holiday Homes are located outside Punjab i.e. at Mussoorie, Goa, Dharamshala and Jaipur owned by the Corporation. Tourism infra-structure is being further strengthened in the State under Central and State Financial Assistance. Modern complexes at Aam Khas Bagh (Sirhind) and Fast Food Counter at Ropar on the banks of Sutlej river have been commissioned. In addition to these the Corporation has leased out some Restaurants/Tourist Complexes on short-term basis. These are:

  1. Waterlilly Restaurant, Ropar

  2. Suraj Mukhi Restaurant, Khanauri

  3. Tourist Complex, Faridkot

  4. Silver Oak Restaurant, Malout

  5. Neem Chameli Tourist Complex, Bagha

  6. Banquet Hall, Pathankot

  7. Champa Tourist Huts, Anandpur Sahib

Organization Chart Of Punjab Tourism Development Corporation Corpora Registered Office No. S.C.O. 183-184, Sector 8-C, Chandigarh
CHAIRPERSON- Sh. Sudhir Mittal, IAS
MANAGING DIRECTOR- MR V.K JANJUA, IAS
ADDITIONAL MANAGING DIRECTOR - SHRI J.S DHILLON, PCS
Project Planning & Construction Marketing & Publicity Purchase & Tour & Travel Food & Beverage Holiday Home Personnel Finance & Accounts Legal Cell
R.K.
SHARMA
(DGM)

(O) 781138
(R)921762-
430337		 S.K.
CHOPRA
(DGM)

(O) 781138
(R)921762-
430337		 S.K. CHOPRA
(DGM)

(O) 781147
(R) 577493, 594493		 S.K. CHOPRA
(DGM)

(O) 781147
(R) 577493		 R.N. GOYAL
(DGM)

(O) 781091
(R) 616292		 SEWA SINGH
Manager

(O)781147
(R)694896		 KAILASH
SHARMA
(DGM)

(O) 781147
(R) 585337		 SEWA SINGH
Manager

(O)781147
(R)694896

Board Of Directors:

S.No. Name Tel. No.
1. Sh. Sudhir Mittal, IAS,Chairperson,
Pb. Tourism Dev.Corpn.,Chandigarh.
& Secy. to Govt. of Pb.
Deptt. of Tourism, Chandigarh. 		742131
2.

Sh. Rajan Kashyap, IAS,
Principal Secy. to Govt. of Pb.,
Deptt. of Irrigatioin, Chandigarh

 741927
3.

Mrs. Gurbinder Chahal, IAS
Principal Secy. to Govt. of Pb.
Deptt. of Public Works(Public Health), Chandigarh.

 743719
4.

Sh. A.K. Dubey, IAS
Secy. to Govt. of Pb.
Deptt. of Public Works (B&R), Chandigarh.

 743136
5.

Sh. Sarbesh Kaushal, IAS
Secy. to Govt. of Pb. & Dir.
Deptt. of Local Govt, Chandigarh.

 741237
6.

Sh. B.S. Sandhu
Secy. to Govt. Pb.,
Deptt. of Finance, Chandigrh.

 741783
7.

Sh. Inderjit Singh Sandhu, PCS
Director Tourism, Pb., Chandigarh.

 721173
8.


Regional Director (North), Govt. of India,
Deptt. of Tourism, Tourist Office,
88, Janpath, New Delhi.

  
9.


Chief Architect, Pb., Chandigarh.

 703525
10.

Sh. R L Kalsia , IAS
Managing Director,
Pb. Tourism Dev. Corpn. Ltd. Chandigarh.

 548082

The Punjab Tourism Development Corporation Limited, Chandigarh. Balance sheet as at 31st March, 1998

Previous year amount (Rs.) Liabilities Schedule Current year Amount (Rs.) Previous year Amount (Rs.) Assets Schedule Current year Amount (Rs.)
52115300 Share capital A 52115300 17269652 Fixed Assets D 16027736
  Capital Reserves (Holiday Home) H   53641 Capital Work in Progress   8691
  Bal. As per last Balance sheet 109259

 

 

109259

   23295709 Holiday Home Club Fixed Assets D-1 22397703
        Holiday Home Capital Work-in Progress    
109259 Less: Excess of Expenditure Over Income   53629 Holiday Home Club Pre-operative Exp. (Pending Allocation to fixed Assets (Manali)   71296
36477716 Membership fee
  1. Domestic
  2. N.R.I

30813035

5696506

 

36509541

 1800000 Investment Current Assets, Loans & Advances/ D-2 1800000
  Membership fee received from the members of Holiday Home Club     23771822

11608667
  1. Current Assets
  2. Loans & Advance
 E

F

19523262

26132845
325500

749542

 Membership fee (Pb. Tourism Club) Secured Loan Current liabilities & Provisions B 3255000

96475

 12990582

226399

2312308

 Holiday Home Club
  1. Current Assets
  2. Loan & Advances
  3. Capital Advances
(Subsidiary Co. & Collaborators)		 E-1 F-1 9620723

3182811

2312308

 

 

39195458

 

 

 

 

4744355

68087

 Liabilities

  1. Current Liabilities
  2. Current liabilities in respect of Holiday Home Club
Provisions:

  1. Provisions
  2. Provisions in respect of HHC
  

C

C-1

 

 

 

C

C-1

 

53140615

2422749

 

 

 

7634261

116618

 

44040507

 

 Profit & Loss Account Loss as per last balance sheet Add loss during the year HOLIDAY HOME CLUB Loss during the year Less previous year Capital Reserves.

 

44040607

8961543

 

 

 

1321363

109259

 

 

53002050

 

 

 

 

1212104
139422916 Total   155291559 139422916 Total   155291559

Notes forming integral part of Financial Statement Schedule ‘G’

On behalf of Board Sd/-

Sh. Sanjay Kumar, IAS Sh. Rajesh Chhabra, IAS, Sh. Kailash Sharma As per Report of Even Date for

Managing Director Director Dy.General Manager M.Kohli & Associates (M. Kohli), Partner. (8.11.2001)

Punjab Tourism Development Corporation Limited Profit & Loss Account for the year ending 31st March, 1998

Previous year Amount (Rs.) Expenditure Schedule Current Year Amount (Rs.) Previous year Amount (Rs.) Income Schedule Current Year Amount (Rs.)
70488064 Material consumed   86461920 111109774 Sales (Net)   127503131
888574
169057
3544073
2059480
294589
222844
29303868
 
 
 
 
 
 
 
 
 
 
 
 






107056
 
 
 
 
 






135047
 
 
 
 




551233

513503


127061
208119


1842689
160158


452185
 
 
 
 



319945


65979

817189



2291407

 
 



25708

71319



94237

 
 



104669


8000

 


2500




17490

 
 



--


19500

15653

52223


27551


53462


10000

--

512889


--


--

31500


3655

--
 





535401


1577642
 Consumable Stores
Carriage & Cartage
Electricity & Water Charges
Power & Fuel
Laundry & Dry cleaning
Toiletries
Salaries, Wages, Contributions & Benefits
  1. Salaries & Wages
  2. Contribution to Provident Fund & other funds
  3. Medical Exps.
  4. Staff Welfare
  5. Uniform & Liveries
  6. Bonus
  7. Ex-gratia
  8. Cash Award
  9. Leave Salary & Pension Contribution.

Remuneration of Chairman

  1. Honorarium
  2. Medical Exps.
  3. Market Rent

 

 

Remuneration of MD

  1. Salaries
  2. Leave salary & pension contribution
  3. Medical Exps.
  1. Printing & Stationery
  2. Postage, Telephone & Telegram
  3. Rent
  4. Legal, filing Fee & Professional Charges
  5. Rates & Taxes
  6. Insurance (Fixed Assets)

Travelling Expenses

  1. CMD
  2. MD
  3. AMD
  4. Others

Advertisement & Sales Promotion

Music & Entertainment

Repair,Maintenance & running exps. Of vehicles.

Repair & Maintenance

  1. Building
  2. Plant & Machinery
  3. Others

Misc. Expenses

Newspapers & Periodicals

Interest

  1. Term Bank borrowings
  2. Other bank borrowings
  3. Others

Bank Charges

Payment to statutory auditors

  1. Audit fee

Payment to Tax Auditors

  1. Audit Fee

Payment to Internal Auditors

  1. Audit Fee
  2. Out of pocket Exps.

Service Tax paid

Convention Fee

Hower Craft Charges

Horticulture Exps.

Membership /Subscription fee

Hiring of Tent & furniture

Training fee

Loss written off

Gratuity

Leave Encashment Employees

Income Tax paid

Air Balooning Expensing

Commission paid

Amount Written off

Breakage, wear & tear of crockery, linen

Non-consumable stores, kitchenware, books & tools

Depreciation

 









2797600
3469669


397576
4871
209829
286129

39340








12831
750
4645









194350

11622


253
















262
46155
--
439641












755735
234967
1198773










109761
-
-



















9625
-
-
 872621
179930
366047
2022078
291164
219299














32384014









18226














206225

433664
518137

122616
125796

1874136
171258










486058

363223


51782
642976








2189475
42865
56222












109761
139341






8000



2500






9625
41943




--


--
35667


5660



140322

14000

5274

1622858


594467


2795

--

--


32856





397553



1575564		 26918

935

2194995











3318171











1764748

309978

--

Misc. Receipts

Profit on Sales of Assets (Net)

Interest Received

From employees

 

From Bank on FDR/CDs & NSCs

(Gross without TDS)

Previous year Adjustment (NET)

Conducted Tours

Income from Tour & Travel

 

Receipt from conducted tours

Loss Transfer to Balance sheet

Loss transferred to profit & loss appreciation account
















327730

















170386





1767186		 17490
















327730























1937572



-





8347225
118725519 Total   138133148 118725519 Total   138133148

-

-

 Loss transfer from P/L Account during the year

Previous year adjustment (NET)		   8347225

614318

-

-

-

Loss transfer to Balance sheet		  

-

8961543
      8961543       8961543

On behalf of the Board

Sanjay Kumar, IAS Rajesh Chhabra, IAS Kailash Sharma

Managing Director Director Dy. General Manager

Chandigarh 8.11.2001 As per Report of Even Date

For M.Kohli & Associates

Sd/-

(M.Kohli)

Partner