Tourism Department, Government of Madhya Pradesh
Financial incentives for private entities to establish large-scale tourism infrastructure projects in Madhya Pradesh, offering up to ₹90 crore based on capital investment and employment generation.
The "Investment Promotion Assistance to Setup Large/Mega/Ultra-Mega Tourism Projects" scheme, launched by the Tourism Department, Government of Madhya Pradesh, aims to significantly boost tourism infrastructure across the state. This initiative provides robust financial incentives to private investors and legal entities willing to undertake substantial capital investments in the tourism sector. The core objective is to encourage the establishment of diverse tourism projects, ranging from large-scale hotels and resorts to theme parks and other facilities, thereby creating significant employment opportunities for residents of Madhya Pradesh. The scheme categorizes projects into Large, Mega, and Ultra-mega, with varying thresholds for capital expenditure and employment generation, and offers tailored assistance accordingly.
By incentivizing these large-scale investments, the Madhya Pradesh government seeks to enhance its position as a premier tourist destination, improve visitor experience, and foster economic growth within local communities. The scheme is a crucial component of the state's broader tourism policy, designed to attract both domestic and international investors to contribute to the development of world-class tourism infrastructure.
Rolling basis