Fund crunch puts brakes on development of tourist spots in Pune region
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Pune,, Nov. 22 -- The joint project of Maharashtra Tourism Development Corporation (MTDC) and Pune district administration to develop 115 tourism spots in the district has hit a roadblock due to paucity of funds.
According to MTDC and district administration, a number of projects like ropeways, and laser, sound and light shows are put on hold as the Rs350 crore plan is facing fund shortage of Rs 237 crore.
The joint venture drafted by MTDC and the district administration and aimed at boosting the tourism potential of the district was submitted to the the government for approval.
However, the project got stuck due to administrative laxity and many projects that could create employment could not start.
The Maharashtra government had iss...
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