On Tuesday, the federal government of Gujarat announced a fresh tourism policy for 2020-2025 with a particular concentrate on attracting new investments to the state’s ‘high-priority tourism centers’. That is done by offering incentives to entrepreneurs.
Unveiling new policies, CM of Gujarat Vijay Rupani said that tourism projects such as for example hotels and resorts which may appear in these priority areas will undoubtedly be offered subsidies in investment along with other incentives.
Some of the high priority areas include Kutch, Devbhumi-Dwarka, Narmada, Gir-Somnath, Porbandar, Junagadh, and Dang districts.
Talukas such as for example Dhari in Amreli, Dabhoi in Vadodara are also contained in the set of high-priority centers based on the new policy.
“Rather than focusing on the complete state, our aim would be to develop tourism infrastructure in these high priority areas. Beneath the new policy, incentives will be given where it had been needed probably the most,” said the CM, also continuing Vijay Rupani said “A few of the new avenues which we have been targeting are beach tourism, caravans, and rural experience-based tourism,”
Under this policy, the federal government gives a subsidy of 20% on capital investment for establishing hotels in high-priority regions. As the minimum investment is INR 1 crore without cap on maximum investment which excludes the expense of land according to the policy.
For establishing theme parks in these regions, a 15% discount will undoubtedly be provided and the investment range ought to be between INR 50 crore to 500 crores.
attract large investments
To, the constant state government will allocate land on lease, sufficient reason for this, hawaii government provides a 15% subsidy for projects a lot more than 500 crores investment.
Other tourism projects which may be entitled to 15% subsidy on investment include Convention centers with a seating capacity of over 2,500 people, NABH-accredited wellness centers, tourism hospitality, and training centers, tents, cottages, and container accommodation.
encourage caravan rental service
To, the federal government has announced to provide a 15% subsidy on investment around 10 lakh for starting at high-priority centers.
Foreign tourists coming to the state and the ones who stay at government-registered hotels will undoubtedly be allowed for yet another 5% discount and for foreign tourists, a separate tourism desk will be create at Ahmedabad AIRPORT TERMINAL.
To promote rural tourism, fair organizers are certain to get an assistance of ₹5 lakh each year to arrange “all-inclusive annual fairs and festivals showcasing indigenous culture, dance, handlooms and handicrafts” was mentioned in the document.