TTDC Hands Over Rs 3.13 Cr Dividend to CM

Published: 24th September 2014 06:05 AM  |   Last Updated: 24th September 2014 06:05 AM   |  A+A-

CHENNAI: Tourism Minister SP Shanmuganathan on Tuesday handed over a cheque for Rs .3.13 crore to Chief Minister J Jayalalithaa as dividend from the operations of Tamil Nadu Tourism Development Corporation (TTDC) for 2013-14.

The TTDC’s total net profit for the five years 2006 to 2010 (inclusive) stood at Rs 12.99 crore.  The past three years the total net profit more than tripled the amount made in the previous five years to  Rs .42.18 crore. 

During 2013, Tamil Nadu attracted the largest number of domestic tourists and stood second in attracting foreign tourists. During 2013-14, the TTDC netted a profit of Rs 12.42 crore resulting in a dividend to the

State government of Rs .3.13 crore.

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