Seven projects cleared

CHANDIGARH, Dec 7: Seven projects, including a three star hotel at Anandpur Sahib were approved by the Project Approval Board of the Punjab government, which held its meeting here today. The projects entail an aggregate investment of Rs 214 crore.

The hotel at Anandpur Sahib, which has a capital outlay of Rs 6.45 crore, is a joint venture of India Tourism Development Corporation and Punjab Tourism Development Corporation and with an equity shareholding of 51 and 49 per cent respectively.

The other projects are in the field of textiles, tourism and food processing.