Additional Subsidy to Establish Tourism Projects in Distant and New Ulterior Areas
in Madhya Pradesh
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Additional Subsidy to Establish Tourism Projects in Distant and New Ulterior Areas in Madhya Pradesh
Additional Subsidy to Establish Tourism Projects in Distant and New Ulterior Areas is a government scheme available to eligible residents of Madhya Pradesh.
Apply for Additional Subsidy to Establish Tourism Projects in Distant and New Ulterior Areas in Madhya Pradesh
Scheme Overview
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.
Eligibility Criteria
- The applicant must establish a Tourism Project (e.g., Hotel, Resort, etc.) as defined in the Tourism Policy.
- The applicant must locate the project in an area classified as "distant" or "new ulterior" by the Government of Madhya Pradesh, Tourism Department.
- The applicant must meet a minimum investment limit of at least 50% of the prescribed limit mentioned in the standard Tourism Policy for that project category.
- The applicant must ensure the project meets at least 50% of the room capacity ceiling prescribed in the standard Tourism Policy.
- The applicant must ensure the project is established and operationalized during the operative tenure of the Tourism Policy.
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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.
Required Documents
| # | Document |
|---|---|
| 1 | Memorandum and Articles of Association (if Public/Private Limited Company) |
| 2 | Partnership Deed and Certificate of Registration (if Partnership) |
| 3 | Certificate of Registration (if Proprietary Concern) |
| 4 | Proof of Identity of Authorized Person (Aadhaar Card/Voter ID/Passport) |
| 5 | Copy of PAN Card |
| 6 | Cancelled Cheque of the Firm/Company |
| 7 | Land Record Ownership Documents (Certified Khasra) |
| 8 | Approved Khasra Map |
| 9 | Registered Sale Deed or Lease Deed |
| 10 | Building Permission from Appropriate Authority |
| 11 | Map Approved by the Concerned Authority |
| 12 | Project Report |
| 13 | Certificate from Certified Engineer/Valuer Regarding Total Capital Cost |
| 14 | Certificate from Chartered Accountant Regarding Total Project Cost |
| 15 | Proof of Date of Commercial Operation (First Lodging Bill, Catering Bill, or Bill of Service) |
| 16 | Coloured Photographs of Unit/Project from 03 Different Angles |
| 17 | NOC from Pollution Control Board |
| 18 | NOC from Forest Department (if Applicable) |
How to Apply in Madhya Pradesh
Step 1: The applicant must visit the Madhya Pradesh Government's Invest Portal, and initiate the registration process as a "Vendor / Investor".
Offline 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, Coo…
Offline 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.
Offline 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.
Offline 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 …
Offline 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.
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 -
Offline 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).
Offline 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.
Offline Step 3: The Tourism Department/Board verifies the application and documents and processes the subsidy claim.
Common questions in Madhya Pradesh
Who can apply for Additional Subsidy to Establish Tourism Projects in Distant and New Ulterior Areas in Madhya Pradesh?
Eligible residents of Madhya Pradesh who meet the scheme’s overall criteria can apply for Additional Subsidy to Establish Tourism Projects in Distant and New Ulterior Areas. Refer to the eligibility section above for the complete checklist.
What documents are required for Additional Subsidy to Establish Tourism Projects in Distant and New Ulterior Areas in Madhya Pradesh?
Applicants in Madhya Pradesh typically need identity proof (Aadhaar), state residency proof, bank account details, and any scheme-specific documents listed in the documents section.
Frequently Asked Questions
You must submit your application within 1 year of the date of commencement of operation to be eligible for the claim. <br>