Capital Investment Subsidy for Establishment of Way Side Amenities Under Green Field or Franchise Model
The scheme aims to enhance the tourism experience by subsidizing the development of wayside amenities under Green Field or Franchise models. It offers a 15% capital investment subsidy capped at ₹50,00,000/- to investors who establish approved facilities with a minimum capital expenditure.
About This Scheme
Benefits
₹50.0 L
- Capital Subsidy: The beneficiary is entitled to a subsidy of 15% of the fixed capital investment.
- Maximum Ceiling: The maximum subsidy amount is capped at ₹50,00,000/-.
- Availability: This benefit is available for units established under the Green Field or Franchise Model.
- The unit must be established and operationalized during the operative tenure of the Tourism Policy 2025.
- The unit must operate continuously for at least three years from the date of availing the subsidy.
- The beneficiary must submit a self-declaration regarding continuous operation on or before the 15th of April every year.
- If the unit closes within one year of receiving the subsidy, 80% of the amount must be refunded; if within two years, 60% must be refunded; and if within three years, 50% must be refunded.
Eligibility
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Required Documents
- ✦Project Report
- ✦Proof of Identity (Aadhaar Card, Voter ID, or Passport)
- ✦Copy of PAN Card
- ✦Photographs of the Unit (JPG Format, Not More Than 500 KB, from 3 Different Angles)
- ✦Memorandum and Articles of Association (for Public/Private Limited Companies)
- ✦Partnership Deed and Certificate of Registration (for Partnerships)
- ✦Certificate of Registration (for Proprietary Concerns)
- ✦Certified Khasra
- ✦Site Map
- ✦Registered Sale Deed or Lease Deed (Proof of Title)
- ✦Copy of Building Permission Granted by the Appropriate Authority
- ✦Copy of Map Sanctioned by the Local Authority (Municipal Corporation, Municipality, etc.)
- ✦Copy of Certificate from Town and Country Planning (TNCP)
- ✦Completion Certificate from the Competent Authority
- ✦Total Project Cost Certificate Certified by a Certified Engineer/Valuer
- ✦Total Capital Cost Certificate Certified by a Chartered Accountant (CA)
- ✦Debt Details from the Concerned Financial Institution
- ✦Cancelled Cheque of the Firm/Company
- ✦Copy of First Lodging Bill
- ✦Copy of First Catering Bill
- ✦Copy of First Bill of Service/Facility Provided
- ✦Fire NoC
- ✦Pollution Control Board Consent (Consent to Establish/Operate)
- ✦FSSAI License (Food License)
✦ 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
- ₹50.0 L