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Tourism Ministry approves 40 Projects worth Rs. 3295.76 Crore for Development of lesser-known Tourism sites in 23 States

By tripuranewslive
05/12/2024
Tourism Ministry approves 40 Projects worth Rs. 3295.76 Crore for Development of lesser-known Tourism sites in 23 States

The Ministry of Tourism, Govt of India, in a big boost for tourism sector, has approved 40 Projects worth Rs. 3295.76 Crore for development of lesser-known Tourism sites in 23 States, across the country. The initiative aims to ease pressure on high-traffic sites and promote a more balanced distribution of tourists across the country. By focusing on lesser-known destinations, the Ministry hopes to enhance the overall tourism experience, boost local economies, and ensure sustainable growth in the tourism sector through a strategic approach to new project selection.

Government investment in the project will act as a catalyst, stimulating economic growth and creating jobs. By leveraging private sector expertise and capital at destinations,  the States can enhance public infrastructure, improve local amenities, and attract more tourists, ultimately boosting the regional economy and fostering long-term development. The Ministry is  also  emphasising  for community-based tourism that empowers local populations and preserves cultural heritage. By integrating sustainable practices into tourism planning,  State  Governments  will be  able to  ensure long-term growth while safeguarding natural and cultural resources  by  adopting  best  practices. The Ministry of Tourism is also encouraging State Governments to integrate advanced technologies into their tourism projects. By adopting technology, States can streamline operations, optimize tourist flow, and provide sustainable, innovative solutions for growth in the sector.

Background

Under the Special Assistance to States/Union Territories for Capital Investment (SASCI) Scheme of Department of Expenditure, M/o Finance, the operational guidelines for Development of Iconic Tourist Centres to Global Scale were issued by the Ministry of Tourism.  The aim of this scheme is to infuse long term interest free loans for a period of 50 years to States for comprehensively develop iconic tourist centers in the country, branding, and marketing them at global scale. By infusing capital  investment  in the form  of projects,  the  scheme further envisages growth of local  economy  and creation of  employment opportunities through sustainable tourism projects. The States have  been  given  a  timeline  of  2 years  for completing  the  projects. Ministry of Tourism in line  with the  guidelines and as per the  procedure/ criteria,   shortlisted  40 projects  across  23 States for  Rs. 3295.76 Crore which have been sanctioned by   Department of  Expenditure.

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