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Large Revenue Generating Projects for Development of Tourism Infrastructure

The Ministry of Tourism has a scheme of Assistance for Large Revenue Generating (LRG) Projects for development of tourism infrastructure, in order to bring in private sector, corporate and institutional resources as well as techno-managerial efficiency. The projects admissible under this scheme should be of tourist’s attraction or used by tourists to generate revenue through levy of fee or user charges on the visitors.

Some of the important items which are covered under this scheme are: Tourist trains, Cruise vessels, Cruise Terminals, Convention Centres, Golf Courses, Health and Rejuvenation facilities and last mile connectivity to tourist destinations, etc.

The subsidy under the scheme has a cap of 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 sanctioned in this scheme so far are mainly luxury tourist trains, ropeways, development of golf courses, etc.

The Project of Integrated Cable-Car and Lakeside Tourism Project at Loktak Lake, Manipur was sanctioned in 2013-14 for an amount of Rs. 2035 lakhs under LRGP.

This information was given by the Union Minister of State for Culture (Independent Charge), Tourism (Independent Charge), & Civil Aviation, Dr. Mahesh Sharma in reply to a starred question in the Lok Sabha today.

NB/NK/PB

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