Installation of Ropeway Infrastructure for Transport in Inaccessible Tourist Places or Forest Areas

DBT (direct benefit transfer): No

Categories: Travel & Tourism, Business & Entrepreneurship

Target beneficiaries: Business Entity

Tags: Subsidy, Capital, Investment, Tourism, Infrastructure

• Capital Investment Subsidy: The scheme offers a subsidy of 40% against the Fixed Capital Investment. Maximum Ceiling: The maximum subsidy amount is capped at ₹5,00,00,000/- (Five Crore Rupees). Conditions
• The unit must be established and operated as per the definition, criterion, and standards defined by the Government
• 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

Is there a strict deadline for submitting the subsidy application form after I have commenced the commercial operations of my unit?

You must submit your application within 1 year of the date of commencement of operation to be eligible for the claim.

Are there any mandatory employment requirements regarding local residents that I must satisfy to be eligible for the capital subsidy?

Yes, to be eligible for the capital subsidy, it is mandatory to provide employment to 70% of the total staff to residents of Madhya Pradesh.

Once I have received the subsidy, is there a mandatory minimum period during which I must keep my tourism unit operational?

You are required to run the unit for at least 3 years from the date of availing the subsidy and must submit a self-declaration regarding continuous operation annually.

What are the financial consequences if I am unable to sustain the operation of my unit and have to close it within three years?

If the unit closes within 1, 2, or 3 years of receiving the subsidy, you must refund 80%, 60%, or 50% of the subsidy amount, respectively.

If I decide to establish my tourism project in a distant or remote area, are there any additional financial incentives available?

Projects in such areas are eligible for an additional 5% Capital Investment Subsidy, and the minimum investment limit and room ceiling are reduced to 50%.

If my tourism unit qualifies for grants under more than one category, can I claim benefits from all eligible categories simultaneously?

No, if a unit is entitled to a grant/subsidy in more than one category, you must choose only one category in which you wish to get the benefit.

I already own an operational hotel and plan to expand it; am I eligible to receive a subsidy for this expansion under the guidelines?

Expansion projects are eligible for the subsidy provided there is a minimum 50% increase in the staying capacity of the existing establishment.

As an entrepreneur belonging to the Scheduled Caste or Scheduled Tribe category, am I entitled to any extra fiscal benefits?

Yes, entrepreneurs from SC/ST categories with 100% ownership of the tourism project are entitled to an additional 5% capital investment subsidy.

Is the subsidy amount calculated solely based on my investment, or is there an upper limit I should be aware of?

The subsidy is a percentage of your fixed capital investment, but it is strictly subject to a maximum ceiling amount specified for your project category.

If I have incurred capital expenditure prior to the actual commencement of the unit, will that cost be considered for the grant?

Expenditure incurred up to a maximum of 05 years before commencement is considered valid if the project was executed and operated in one go.

To prove the capital cost incurred on my project, whose certification is required to be submitted along with the subsidy application?

The total capital cost incurred must be certified by a certified Engineer/Valuer, and the total project cost must be certified by a Chartered Accountant.

What specific documentation must I provide to officially prove the date of commercial operation of my tourism unit?

You must provide copies of the first lodging bill, catering bill, bill of service provided, or any other legally acceptable proof to prove the date of commercial operation.

Does my project need to be established within a specific timeframe to qualify for the capital investment benefits mentioned?

Your project must be established and operationalized during the operative tenure of the policy to be entitled to the capital investment subsidy.

How should I submit my application for land allocation or permissions to ensure it is processed correctly by the department?

All applications for land allocation, permissions, and subsidies should be submitted online through the State Government's Invest Portal or Single Window System.

• https://www.myscheme.gov.in/schemes/irititpfa
• https://tourism.mp.gov.in/Uploaded%20Document/PoliciesandNotifications/Tourism%20Policy%202025.pdf
• https://tourism.mp.gov.in/contents?page=contact-us&number=mFBPpobhai+yL75rr/VMtA==

Guidelines

https://tourism.mp.gov.in/Uploaded%20Document/PoliciesandNotifications/Tourism%20Policy%202025.pdf

Contact Us

https://tourism.mp.gov.in/contents?page=contact-us&number=mFBPpobhai+yL75rr/VMtA==