MP amends tourism policy to attract more investments
Updated: Oct 10, 2014 04:13:10pm
Indore, Oct 10 (KNN) The Madhya Pradesh Government, which is keen to attract more investments to the state, has amended its tourism policy which while exempting luxury tax on hotels charging less than Rs 3,000 per day for a room offers 10 per cent subsidy for construction of budget hotels, MP tourism and culture minister Surendra Patwa said today.
While addressing the Global Investors Summit, Patwa said, "In order to encourage investment in the state, certain amendments have been made in the tourism policy this year. There is lot of scope for religious tourism, water tourism and wildlife tourism in the state."
The state tourism secretary, Hariranjan Rao said that as per the amended tourism policy, 25 per cent capital subsidy has been proposed on the construction of convention centres having a capacity of 500 or more seats. The maximum subsidy limit would be Rs 10 crore.
The number of tourists visiting the state has been regularly increasing, he said adding that, "In 2006, one crore tourists had visited the state. This increased to about six crore visitors in 2013.”
He also said that a 10 per cent subsidy would be provided on the expenses incurred for construction of budget hotels in the state. Besides, bank loan facility would be provided for construction of hotels on leased land, he added.
Also, he informed that the Indore-Dubai flight service by Emirates airline is expected to start in December this year. (KNN/SD)
While addressing the Global Investors Summit, Patwa said, "In order to encourage investment in the state, certain amendments have been made in the tourism policy this year. There is lot of scope for religious tourism, water tourism and wildlife tourism in the state."
The state tourism secretary, Hariranjan Rao said that as per the amended tourism policy, 25 per cent capital subsidy has been proposed on the construction of convention centres having a capacity of 500 or more seats. The maximum subsidy limit would be Rs 10 crore.
The number of tourists visiting the state has been regularly increasing, he said adding that, "In 2006, one crore tourists had visited the state. This increased to about six crore visitors in 2013.”
He also said that a 10 per cent subsidy would be provided on the expenses incurred for construction of budget hotels in the state. Besides, bank loan facility would be provided for construction of hotels on leased land, he added.
Also, he informed that the Indore-Dubai flight service by Emirates airline is expected to start in December this year. (KNN/SD)
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