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)
The scheme aims to promote adventure and water tourism by financially incentivizing the creation of permanent infrastructure and the acquisition of equipment. It provides a 15% capital subsidy up to ₹3,00,00,000/- to private investors establishing projects such as amusement parks, water sports, etc.
About This Scheme
Benefits
₹3.0 Cr
- 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.
Eligibility
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Required Documents
- ✦Copy of Memorandum and Articles of Association (if Public/Private Limited Company)
- ✦Copy of Partnership Deed and Certificate of Registration (if Partnership)
- ✦Name and address of proprietor/Certificate of Registration (if Proprietary concern)
- ✦Copy of PAN Card
- ✦Copy of Photo ID proof (Aadhaar Card/Voter ID/Passport, etc.)
- ✦Copy of proof of a legal authorized person from the unit
- ✦Certified Khasra
- ✦Site Map
- ✦Copy of registered sale deed or lease deed
- ✦Copy of certificate from Town and Country Planning (TNCP)
- ✦Copy of map sanctioned by the local authority (Municipal Corporation, Municipality, etc.)
- ✦Copy of Project Report
- ✦Copy of building permission granted by the appropriate authority
- ✦Copy of Approved floor plan
- ✦Completion certificate from the competent authority
- ✦NOC from Forest Department (if applicable)
- ✦CGWA NOC (Ministry of Jal Shakti) (if applicable)
- ✦Total project cost certificate certified bya certified Engineer/Valuer
- ✦Total capital cost certificate certified by CA
- ✦Debt details from the concerned financial institution
- ✦Cancelled cheque of the firm/company
- ✦Proof of date of commercial operation (Photocopy of first Lodging Bill, Catering Bill, or first bill of service/facility provided)
- ✦Photographs of the Unit/Project from 3 different angles (JPG Format, not more than 500 KB in Size)
✦ 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
- Max benefit
- ₹3.0 Cr