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An Express Investigation: Balkrishna firm paid Rs 1 crore as fee to Uttarakhand for tourism project, its own turnover jumped 8-fold in a year

The state tourism department’s records from November 2024 show just how lucrative the George Everest Park project is — since its inception, the estate saw 2.2 lakh tourists, and 3,402 availed helicopter services.

Uttarakhand tourism project, Patanjali Ayurved Ltd, Baba Ramdev, tourism project, Uttarakhand government, Express Investigations, Express Premium, Uttarakhand Tourism Development Board, Balkrishna, Indian express news, current affairsThe George Everest Estate near Mussoorie

IN JUST one year since it bagged the George Everest Park, the revenues of Rajas Aerosports and Adventures increased more than eightfold to Rs 9.82 crore in 2023-24 from Rs 1.17 crore the previous year, according to the latest annual report filed in the Ministry of Corporate Affairs. Its losses also increased to Rs 2.35 crore in FY24, but by just four times from Rs 58 lakh the previous year.

The state tourism department’s records from November 2024 show just how lucrative the George Everest Park project is — since its inception, the estate saw 2.2 lakh tourists, and 3,402 availed helicopter services.

Four-hour parking for two-wheelers is Rs 100 and for four-wheelers is Rs 200 at a barrier erected outside the estate. For taking the vehicle up to the museum, it is Rs 1,000 for four hours and Rs 200 for every extra hour. Entry fee for children up to 12 years is Rs 100, and for adults it is Rs 200. Besides, the air safari cost is Rs 5,000 for a 5-7 minute ride in a helicopter, Rs 7,999 for 10 to 12 minutes, a Himalayan expedition for 50-60 minutes is for Rs 30,999, and Rs 1.84 lakh is charged for an hour in a chartered helicopter.

Rajas Aerosports pays the state’s tourism department an annual concession fee of Rs 1 crore (excluding GST), which is supposed to be enhanced by 3 per cent every year.

The George Everest Park project is just one of several such projects being promoted by Uttarakhand’s tourism department, which has, over the last five years, been trying to launch adventure tourism as an addition to religious tourism, which the state is known for. This, officials say, will help make Uttarakhand a year-round destination.

Uttarakhand tourism project

Apart from air safari for leisure, the state is also exploring projects to connect cities to remote areas such as Pithoragarh, Chamoli, and Uttarkashi. In recent years, helicopter operations and ropeway projects have gained prominence as the state frequently witnesses natural calamities that wash away its roads, impeding rescue operations.

The push is also being attributed to the fragility of the Himalayas, which impede the darshan of various holy peaks on foot. To this end, the tourism department has facilitated Heli Himalayan Darshans.

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While the Ministry of External Affairs facilitates the Kailash Mansarovar Yatra, the state had encountered a five-year hiatus after skirmishes with China. Then, the department came up with an alternative to provide devotees with darshan of the peak from Uttarakhand’s Pithoragarh.

Documents show how Rajas has sought to gain from this push. In December, in a bid to expand their operations, Rajas wrote to the tourism department seeking approval for their plan to “transform” George Everest into a “world-renowned Himalayan destination, offering an unparalleled experience in luxury, adventure, and sustainability”.

The project was to have an investment exceeding Rs 500 crore and emulate Switzerland’s picturesque regions. In February, the department’s deputy director, Amit Lohani, wrote back, seeking a copy of the detailed master plan, including details on cost, expected footfall, and 3D plan, for further action.

Aiswarya Raj is a Senior Correspondent for The Indian Express, one of India's most respected media houses, specialising in in-depth coverage of Uttarakhand and the Himalayan region. Her work focuses on delivering essential, ground-up reporting across complex regional issues. Aiswarya brings significant journalistic experience to her role, having started her career at The Indian Express as a Sub-Editor with the Delhi city team. She subsequently developed her reporting expertise by covering Gurugram and its neighboring districts before transitioning to her current focus. She is an accomplished alumna of the prestigious Asian College of Journalism (ACJ) and the University of Kerala. Her reporting is characterized by a commitment to narrative journalism, prioritising the human element and verified facts behind critical events. Aiswarya’s beats demonstrate deep expertise in state politics, law enforcement investigations (e.g., paper leak cases, international cyber scams), human-wildlife conflict, environmental disasters, and socio-economic matters affecting local communities. This specific, sustained focus on critical regional news provides the necessary foundation for high trustworthiness and authoritativeness on topics concerning Uttarakhand. ... Read More

Dheeraj Mishra is a Principal Correspondent with the Business Bureau of The Indian Express. He plays a critical role in covering India's massive infrastructure sectors, providing in-depth reporting on the connectivity lifelines of the nation. Expertise & Focus Areas: Mishra’s journalism is focused on two of the country's most capital-intensive and public-facing ministries: Ministry of Railways: Tracking the operations, safety, and development of India's vast railway network. Ministry of Road Transport & Highways: Covering policy decisions, infrastructure projects, and highway development. What sets Mishra apart is his rigorous use of the Right to Information (RTI) Actas a primary tool for news gathering. By relying on official data and government records, he ensures a high degree of accuracy and trustworthiness in his reporting. This data-driven approach has resulted in numerous impactful reports that hold public institutions accountable and bring transparency to government operations. Find all stories by Dheeraj Mishra here ... Read More

 

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