(a) whether the Government propose to invite foreign investment for the maintenance and beautification of ancient and
historic buildings in the country to promote tourism industry and generate employment opportunities;
(b) if so, the details thereof,
(c) whether the Government have conducted any survey in this regard; and
(d) if so, the names of such sites, State-wise?
MINISTER OF TOURISM AND CULTURE (SHRI JAGMOHAN)
(a), (b) (c) & (d): A Statement is laid on the Table of the House.
STATEMENT IN RESPECT OF PART (a), (b) (c) & (d) OF LOK SABHA STARRED QUESTION NO. 303 TO BE ANSWERED ON 11.8.2003 REGARDING
FOREIGN INVESTMENT FOR MAINTENANCE OF HISTORIC BUILDINGS.
(a), (b) (c) & (d): The Government do not invite foreign investment but accept foreign assistance on case to case basis
through the Department of Economic Affairs, Ministry of Finance, for restoration and conservation of monuments.
During the last year, assistance has been obtained for restoration and conservation of Ajanta-Ellora Monument
from Japan Bank for International Cooperation.
Surveys are not conducted but only a few selected cases, wherein foreign assistance is likely, are taken up.