Press Information Bureau
Government of India
Ministry of Tourism
11-March-2011 15:15 IST
Scheme to Enhance Revenue Earnings
Development and promotion of tourism is primarily the responsibility of the State Governments/Union Territory (UT) Administrations. Ministry of Tourism provides central financial assistance to States/UTs based on proposals received from them which are complete in all respects as per the Scheme Guidelines, inter-se-priority and subject to availability of funds. Ministry of Tourism also has a “Scheme for Large Revenue Generating Projects” to encourage large investments in tourism infrastructure from private sector as well as organisations having Public Private Partnership arrangements. The subsidy under the Scheme have a cap of Rs.50.00 crore subject to maximum of 25% of total project cost or 50% of equity contribution of the promoter, whichever is lower.

The project proposals submitted by the State Governments/Union Territory Administrations are finalized through a system of prioritization meetings with the concerned State Governments/Union Territory Administrations.

This information was given by Shri Subodh Kant Sahai, Minister for Tourism in a written reply to a question in the Lok Sabha today.