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Uttar Pradesh Tourism Policy 2022: Comprehensive Guide to Incentives and Benefits

Osgan Consultants

Uttar Pradesh Tourism Policy 2022: Comprehensive Guide to Incentives and Benefits

 Introduction

The Uttar Pradesh Tourism Policy 2022 aims to transform the state into a global tourism hub by promoting diverse tourism offerings, enhancing infrastructure, and providing a range of incentives to investors and stakeholders in the tourism sector.

🎯 Objectives

  • Attract investments worth ₹40,000 crore in the tourism sector over five years.
  • Generate employment opportunities for 20 lakh individuals.
  • Develop and promote various tourism circuits, including religious, heritage, eco-tourism, and wellness tourism.
  • Enhance the state’s tourism infrastructure and services to international standards.

💰 Financial Incentives

  1. Capital Investment Subsidy

Eligible tourism units can avail capital subsidies based on their investment:

Investment Amount (₹)

Subsidy (%)

Maximum Subsidy (₹)

10 lakh – up to 10 crore

25%

2 crore

Above 10 crore – up to 50 cr

20%

7.5 crore

Above 50 crore – up to 200 cr

15%

20 crore

Above 200 crore – up to 500 cr

10%

25 crore

Above 500 crore

10%

40 crore

  • An additional 5% subsidy is available for:
    • Investments in Focus Tourism Destinations (FTDs).
    • Projects in unserved destinations in Tier-2 or lower cities.
    • Women entrepreneurs and SC/ST/Backward class entrepreneurs

Note: The total subsidy is capped at 30% of the Eligible Capital Investment (ECI).

  1. Interest Subsidy
  • 5% interest subsidy on loans up to ₹5 crore for a period of 5 years.
  • Applicable to tourism units not availing the capital investment subsidy.
  1. Employment Generation Subsidy
  • 100% reimbursement of the employer’s EPF contribution for 5 years for units employing more than 50 workers who are domiciled in Uttar Pradesh.

🧾 Non-Financial Incentives

  1. Stamp Duty and Registration Fee Exemption
  • 100% exemption on stamp duty and registration fees for the first transaction related to the purchase or lease of land for eligible tourism units.
  1. Land Use Conversion and Development Charges
  • 100% exemption on land use conversion and development charges for new and expansion tourism units.
  1. Industry Status for Tourism Units
  • Tourism units will be granted industry status, making them eligible for:
    • Industrial rates for electricity, water, and property taxes.
    • Construction permissions in notified industrial areas.

🌿 Support for Responsible and Inclusive Tourism

  1. Incentives for Specially-Abled Friendly Units
  • Payroll assistance of ₹1,500 per month per specially-abled worker, up to 5 workers per unit.
  1. Revival of Art and Culture
  • Grants up to ₹5 lakh for individuals or groups involved in the revival of scarce art, music, crafts, culture, and cuisine.
  1. ICT Enablement
  • One-time assistance of 25% of the cost for procuring ICT equipment.
  • 25% subsidy for promotional content using technology, AI, and metaverse.

🗺️ Development of Tourism Circuits

The policy emphasizes the development of various tourism circuits to promote diverse tourism experiences:

  • Religious Circuits: Ramayana Circuit, Krishna Circuit, Buddhist Circuit, Mahabharata Circuit, Shakti Peetha Circuit.
  • Heritage and Cultural Circuits: Promotion of heritage sites, forts, and palaces.
  • Eco and Adventure Tourism: Development of eco-tourism and adventure tourism activities.
  • Wellness and Rural Tourism: Promotion of wellness resorts and rural tourism experiences.

📅 Policy Duration

The Uttar Pradesh Tourism Policy 2022 is effective from 23rd November 2022 and will remain in force for a period of 5 years or until a new policy is introduced

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