Capital Investment Subsidy For Creation Of Infrastructure And Installation Of Permanent Facility/ Acquisition Of Equipment/Tents And Facilities To Establish Adventure Tourism, Water Tourism, Water Sports, Cruise/House Boat, Navigation Infrastructure, Amusement Park, Water Park, Sound And Light Show…

About This Scheme

The scheme "Capital Investment Subsidy For Creation Of Infrastructure And Installation Of Permanent Facility/ Acquisition Of Equipment/Tents And Facilities To Establish Adventure Tourism, Water Tourism, Water Sports, Cruise/House Boat, Navigation Infrastructure, Amusement Park, Water Park, Sound And Light Show, Laser Show, Camping (Including Tents)" was launched by the Tourism Department, Government of Madhya Pradesh. The scheme provides a capital investment subsidy of 15% on the fixed capital investment, subject to a maximum ceiling of ₹3,00,00,000/-, for projects involving the installation of permanent facilities such as platforms, jetties, equipment, parking sites, electricity facilities, and water supply. The applicant must incur a minimum capital expenditure of ₹5,00,000/- as approved by the department to be eligible for this scheme. The scheme is implemented by the Madhya Pradesh Tourism Board, and applications are accepted through the state's investment portal.

Eligibility

- The applicant must be a private investor or entity establishing a tourism project. - The applicant must establish a project in the categories of Adventure Tourism, Water Tourism, Water Sports, Cruise/House boat, Navigation infrastructure, Amusement Park, Water Park, Sound and Light show, Laser show, or Camping (including tents). - The applicant must incur a minimum capital expenditure of ₹5,00,000/- as approved by the department. - The applicant must ensure the project is established and operationalized during the operative tenure of the Tourism Policy 2025. - The applicant must submit the application for the capital subsidy within one year from the date of commencement of operation.

Benefits

- Capital Subsidy: The beneficiary is entitled to a subsidy of 15% against the Fixed Capital Investment.- Maximum Ceiling: The maximum subsidy amount provided is ₹3,00,00,000/-.- Qualifying Expenditure: The subsidy covers the installation of permanent facilities/infrastructure, which includes creating/installing platforms, jetties, equipment, parking sites, electricity facilities, water supply, and public amenities.

How to Apply

Where This Comes From

This scheme was sourced from myScheme, the Government of India's official Central+State scheme discovery portal, and reviewed by an editor before publishing. Use the button above to read the full details and apply directly on the official source.