Last Updated on by Indian Holiday
The Gujarat Government announced the new heritage tourism policy, in which they will provide subsidy and tax benefits to convert heritage monuments and buildings into hotels, banquet halls,museums, and restaurants.
In the tourism policy for the next five years, the Government announced tax benefits and subsidies to convert heritage monuments, ancient forts, and palaces into heritage hotels, banquet halls, and restaurants to attract tourists.
Chief Minister Vijay Rupani announced the Heritage Tourism Policy 2020-2025. The state government also revised the Gujarat Home Stay policy and made it more convenient for the owner to open their homes for the tourists.
The main objective to declare the new HTP is to make Gujarat among the favourite tourist destinations on the “World Tourism Map”. As per the new policy, the government will provide a subsidy of 20 percent up to the amount of INR 5 crore for setting up of a hotel with an investment of up to INR 25 crores. Above INR 25 crores, the maximum subsidy amount will be INR 10 crores.
For renovation or setting up of a new heritage restaurant, museum, and banquet hall with investment up to INR 3 crores, the government will provide assistance of 15 percent up to INR 45 lakh. The policy also includes electricity duty waivers, rent supports for events, and marketing support.
Gujarat Tourism will also provide training to the homestays to provide quality hospitality to the guests. The government is confident that the simplification of homestay rules will provide rural employment besides promoting tourism in the state.