To give a boost to the tourism sector and attract tourists to the state, the Jharkhand government has decided on a state policy to make people invest in developing tourism facilities, including hotels and resorts, amusement parks, ropeways, and adventure sports. In a recent state policy, the incentives planned would aim to make Jharkhand the must-visit destination by exploring the unexplored potential.Also Read - Jharkhand Govt to Credit Subsidy of Rs 25/L on Petrol, Diesel Prices to BPL Families From Today
“Fiscal incentives are to be provided for the promotion of tourism in Jharkhand… To provide incentives for increasing the competitive attraction of Jharkhand as compared to other states… All the fiscal incentives shall be routed through the Single Window System of Department of Industries,” the policy mentioned. Also Read - UK Tourism Update: UK is Open to Fully Vaccinated Travellers, Covid-19 Test Not Mandatory
Those eligible for incentives are hotels, resorts, amusement parks and ropeways set up with a minimum investment of INR 10 crore, it said. Besides, wayside amenities built with a minimum investment of INR 2 crore and water sports facilities set up with a minimum investment of INR 1 crore are also eligible for incentives. Cruise ships and houseboats with a minimum investment of INR 1 crore, and camping sites and adventure sports facilities set up with a minimum investment of INR 50 lakh are eligible for the incentives. Also Read - 4 Reasons Why Tourism is The Next Growth Engine For India, TAAI President Jyoti Mayal Explains
Among others, aero sports facilities set up with a minimum investment of INR 50 lakh, sound and light show and laser show with a minimum investment of INR 25 lakh, and rural tourism sites set up with a minimum investment of INR 25 lakh are also eligible for the incentives.
The policy said capital incentives up to INR 10 crore will be provided and 50 per cent of it will be paid at the time of commission and the rest at the end of the first year of operations. However, the details regarding how much would be paid in which category were not mentioned.
Other benefits include subsidy for captive power generation, SGST related incentives and electricity duty related incentives. An additional 5 per cent incentive up to INR 5 lakh will be provided to SC and ST entrepreneurs, women entrepreneurs, disabled persons and ex-servicemen. An additional incentive of 5 per cent would be provided for setting up units in Scheduled Areas outside the urban hubs, the policy said.
Any project that starts commercial operations after Jharkhand Tourism Policy 2021 came into force would be eligible to apply for the benefits. The Hemant Soren government has also engaged National Geographic to produce documentaries on Jharkhand, in a bid to promote tourism. Jharkhand, carved out of the southern part of Bihar in 2000, shares its border with Bihar, Uttar Pradesh, Chhattisgarh, Odisha and West Bengal. It has a number of forests, including the Palamu Tiger Reserve, waterfalls, hills and temples.
(With inputs by PTI)