<h1>ITDC Pays Rs. 3.95 Crore Dividend to Ministry of Tourism, Achieves Financial Turnaround with 7.82% Turnover Increase.</h1> India Tourism Development Corporation (ITDC) paid a dividend of Rs. 3.95 crore to the Ministry of Tourism for the fiscal year 2011-12, marking a financial turnaround from previous losses. The Union Tourism Minister encouraged ITDC to explore budget hotel opportunities to benefit common tourists. ITDC's turnover increased by 7.82% to Rs. 423.06 crore, and it achieved a profit of Rs. 22.02 crore before tax, compared to losses in the previous two years. The dividend distribution was approved after a profit was recorded, following operational improvements. ITDC, established in 1966, offers diverse tourism-related services.