Public Private Partnership to promote tourism
The Ministry of Tourism has a scheme of Assistance for Large Revenue Generating Projects under which Public-Private Partnership projects are eligible for assistance. Subsidy can be provided under this scheme upto Rs. 50.00 crore subject to a maximum of 25% of total project cost or 50% of equity contribution of the promoters, whichever is lower. Projects like Tourist trains, Cruise vessels, Cruise Terminals, Convention Centers, Golf Courses etc. would qualify for assistance.
A provision of Rs. 537.00 crore has been made in B.E. 2009-10 for development of tourism infrastructure under the following schemes of the Ministry:
i. Product/Infrastructure Development for Destinations and Circuits (Rs. 522.00 crore)
ii. Assistance for Large Revenue Generating Projects (Rs. 5.00 crore)
iii. Assistance to Central Agencies for Tourism Infrastructure Development (Rs. 10.00 crore)
This information was given by the Minister of Tourism, Kumari Selja in a written reply in the Lok Sabha today.
The Ministry of Tourism has a scheme of Assistance for Large Revenue Generating Projects under which Public-Private Partnership projects are eligible for assistance. Subsidy can be provided under this scheme upto Rs. 50.00 crore subject to a maximum of 25% of total project cost or 50% of equity contribution of the promoters, whichever is lower. Projects like Tourist trains, Cruise vessels, Cruise Terminals, Convention Centers, Golf Courses etc. would qualify for assistance.
A provision of Rs. 537.00 crore has been made in B.E. 2009-10 for development of tourism infrastructure under the following schemes of the Ministry:
i. Product/Infrastructure Development for Destinations and Circuits (Rs. 522.00 crore)
ii. Assistance for Large Revenue Generating Projects (Rs. 5.00 crore)
iii. Assistance to Central Agencies for Tourism Infrastructure Development (Rs. 10.00 crore)
This information was given by the Minister of Tourism, Kumari Selja in a written reply in the Lok Sabha today.
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