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

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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 Rs40,000 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 (Rs) Subsidy (%) Maximum Subsidy (Rs)
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).

2. Interest Subsidy
  • 5% interest subsidy on loans up to Rs5 crore for a period of 5 years.
  • Applicable to tourism units not availing the capital investment subsidy.
3. 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.
  • 2. Land Use Conversion and Development Charges
    • 100% exemption on land use conversion and development charges for new and expansion tourism units.
    3. 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 Rs1,500 per month per specially-abled worker, up to 5 workers per unit.
    2. Revival of Art and Culture
    • Grants up to Rs5 lakh for individuals or groups involved in the revival of scarce art, music, crafts, culture, and cuisine.
    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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