In a bid to woo the investors in the tourism sector and promote tourism in the state in a big way, the Orissa tourism department expects to finalize the much awaited 'New Tourism Policy' within a month.
The state tourism department has already held discussions with all the stakeholders and also got feedback from a couple of departments of the state government.
“We will finalize the new tourism policy within a month. Discussions have already been held with all the stakeholders and we have got the feedback from a couple of departments of the state government. After the finalization of the tourism policy, we will shortly be placing it before the State Cabinet for approval”, Santosh Sarangi, secretary (tourism and culture), Orissa government told Business Standard.
“The final policy will only incorporate a few changes to the draft policy that the tourism department had prepared. The new tourism policy seeks to provide incentives to the investors in the tourism sector”, he added.
With a view to encourage investments on tourism infrastructure in Orissa, the state tourism department is mulling to offer investment subsidy on different tourism projects.
The investment subsidy scheme which has been incorporated in the draft tourism policy of the state would hinge on the scale of investments and also on the regions where the tourism projects come up.
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Micro tourism units with an investment up to Rs 25 lakh can avail an investment subsidy of 25 per cent in special tourism zones (STZs)and 20 per cent in other regions.
For the mini tourism units with investments in the range of Rs 25-50 lakh, the investment subsidy would be 20 per cent of the investment amount or Rs 7.5 lakh for the projects coming up in the STZs.
For setting up projects in other regions of the state, the mini-tourism units are entitled to an investment subsidy of 15 per cent of the invested amount or Rs five lakh.