Leh, May 19, 2025- The Deputy Commissioner Leh Santosh Sukhadeve convened a crucial meeting at DC Office Conference Hall on May 19, to address the concerns of the local hotel and guest house associations. The meeting was called in response to a representation received from stakeholders of Tourism Sector.
During the meeting, President All Ladakh Hotels and Guest Houses Association, Leh Rigzin Lachic presented a four point demand which focused on the impact of recent Pahalgam terrorist attack followed by tension between India and Pakistan, which had severely impacted the tourism sector of Ladakh.
The agenda for the meeting focused on critical issues facing the tourism and hospitality sector, including the extension of an interest-free moratorium until the next financial year. Discussions also covered the rescheduling of loan structures for properties nearing Non-Performing Asset (NPA) status and the possibility of an economic relief package to mitigate losses incurred during the current season.
Lead Bank Manager Tsering Angmo, along with representatives from various banks asked the tourism stakeholders to give a representation letter with their demands and they assured to put it forward for a positive outcome. Deputy Commissioner Leh also assured tourism stakeholders that the matter will be put forward in notice of UT Administration as well.
Lead Bank Manager Tsering Angmo, along with representatives from various banks asked the tourism stakeholders to give a representation letter with their demands and they assured to put it forward for a positive outcome. Deputy Commissioner Leh also assured tourism stakeholders that the matter will be put forward to UT Administration as well for a favorable outcome.
Attendees included key officials and stakeholders such as Chief Planning Officer, Leh, Lead District Manager, SBI, Leh, and managers from all banks operating in Leh district, including JKDFC & JKSFC. Also present were the Presidents and executive members of All Ladakh Hotels and Guest House Association, Leh, All Ladakh Tours Operators Association, Leh, All Ladakh Transport Trade Association, Leh, Taxi Union, Leh, and Tempo Union, Leh.