Additional Subsidy to Establish Tourism Projects in Distant and New Ulterior Areas
The scheme aims to encourage private investment in tourism projects located in remote and ulterior areas of Madhya Pradesh. It offers an additional 5% capital subsidy, uncapped subsidy amounts, and reduces investment and capacity requirements by 50% for investors.
About This Scheme
Benefits
- Additional Subsidy: An additional 5% Capital Investment Subsidy is provided on top of the standard subsidy percentage applicable to the project.
- No Cap on Subsidy: There is no upper limit (ceiling) on the maximum amount of capital subsidy that can be claimed under this scheme.
- Reduced Investment Requirement: The minimum capital investment limit required to be eligible is reduced to 50% of the prescribed limit mentioned in the Tourism Policy for the specific project type.
- Reduced Capacity Requirement: The ceiling for the number of rooms required is reduced to 50% of the standard requirement mentioned in the Tourism Policy.
Eligibility
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Required Documents
- ✦Memorandum and Articles of Association (if Public/Private Limited Company)
- ✦Partnership Deed and Certificate of Registration (if Partnership)
- ✦Certificate of Registration (if Proprietary Concern)
- ✦Proof of Identity of Authorized Person (Aadhaar Card/Voter ID/Passport)
- ✦Copy of PAN Card
- ✦Cancelled Cheque of the Firm/Company
- ✦Land Record Ownership Documents (Certified Khasra)
- ✦Approved Khasra Map
- ✦Registered Sale Deed or Lease Deed
- ✦Building Permission from Appropriate Authority
- ✦Map Approved by the Concerned Authority
- ✦Project Report
- ✦Certificate from Certified Engineer/Valuer Regarding Total Capital Cost
- ✦Certificate from Chartered Accountant Regarding Total Project Cost
- ✦Proof of Date of Commercial Operation (First Lodging Bill, Catering Bill, or Bill of Service)
- ✦Coloured Photographs of Unit/Project from 03 Different Angles
- ✦NOC from Pollution Control Board
- ✦NOC from Forest Department (if Applicable)
✦ Required ◦ Optional
How to Apply
Step 1: The applicant must visit the Madhya Pradesh Government's Invest Portal, and initiate the registration process as a "Vendor / Investor".
Step 2: The applicant must fill in the basic information section by selecting the appropriate "Type of Organisation" from the available options, which include Public Limited Company, Private Limited, LLP, Proprietorship Firm, Partnership Firm, Cooperative, Trust, FPO, and Individual. The applicant must enter the "Firm/Company Name" and the "Authorized Person Name" to establish the identity of the entity.
Step 3: The applicant must enter a valid email ID and mobile number. The Application Number, User ID, password, and all other important communications will be sent to this registered email ID.
Step 4: The applicant must complete the basic registration form submission. The system generates a User ID and password, which are shared directly with the applicant's registered mobile number.
Step 5: The authorized person logs in to the portal using the User ID and password received on the registered mobile number to process the company's activities. After the initial login, the applicant must update their profile to complete the full registration process before proceeding to apply for the scheme.
Application Process
Step 1: The applicant must apply for and secure mandatory permissions through the online single-window system within the stipulated time frames. Then, the applicant must do the following -
- Complete the construction, ensuring the minimum capital expenditure is met.
- Commence commercial operations and gather proof of operation.
Step 2: The applicant must submit the capital subsidy application online within one year from the date of commencement of operation. Upload all required documents, ensuring all files meet the specified format requirements (e.g., JPG for photos).
Step 3: The Tourism Department/Board verifies the application and documents and processes the subsidy claim.
Quick Info
- Level
- Central Government