A. Subsidy for preparation of feasibility report.
(i) In case of all project the capital cost of which does not exceed Rs.l crore, the Department of Tourism will provide subsidy for preparation of project report, feasibility report prepared by agencies approved by the State Government, subject to a maximum of Rs.10,000/- Rupees ten thousand). Project/feasibility reports for which contribution have already been received or eligible for receipt from A.I.D.C. or Industry Department, shall not be entitle for subsidy. The project report/feasibility report for the following projects will be eligible for subsidy.
(a) Hotels upto 3 star classification.
(b) Restaurant approved by the classification committee of Government of India.
(c) Wayside restaurants, Hotels, Motels, eating places approved by the Tourism Department.
(d) Amusement park/recreation centre approved by the Department of Tourism.
(ii) If the project is not implemented within reasonable prescribed period of three years it shall be the property of the Department of Tourism.
B. Development of local manpower. Incentive shall be provided to persons undergoing training in an institute approved by Government in management of tourism infrastructure. The maximum incentive shall be Rs.1000/- (Rupees one thousand) per trainees per year and may be given up to a maximum of three years, subject to satisfactory progress in the training, and subject to execution of an undertaking to serve in the State of Assam for an on equal number of years for which the incentive is provided.
C. Power subsidy and subsidy on power generating set shall be as per Industrial policy of 1986.
D. Allotment of Government land.-
(i) Subject to the approval of the Department of Revenue, Government of Assam, land shall be granted on premium or long term lease other following types of projects.
(a) Construction of Hotels upto three star category.
(b) Construction of amusement parks, restaurants, recreation centres approved by the Department of Tourism.
(c) Construction of wayside restaurants, Motels Hotels, eating places approved by the Department of Tourism.
(ii) The Government may at its discreation also enter into equity participation in a project for which Government land have been made available and equity contribution of Government shall be equal to the value of the land assessed by proper authority.
E. Subsidy on equipments and furnitures. Subsidy at the rate of 40% of value of equipments and furniture required for Hotels upto three star, Restaurants, Motel, eating places, amusement parks and recreation centres approved by the Department of Tourism. Government of India or the State Government shall be paid, subject to a maximum of Rs.25,000/- (Rupees twenty five thousand) only. The requirement of furniture or equipment shall be determined by the Committee.
F. Managerial Subsidy. An approved project shall be eligible for managerial subsidy of 40% of the expenditure on actual operation of the project subject to a maximum of Rs. 25,000/- per annum. The employees needed for management of the project on the basis of its size and standard and the amount required for salary etc. shall be determined by the Committee. The subsidy will be available for the first two years of operation of the project only.
G. In addition to the above subsidy and financial assistance, the other regular standing financial assistance, from various Institutes like Bank/Assam Financial Corporation/Assam Industrial Development Corporation, etc. may be obtained.
Section 8 • Rules for Grant of Incentive for Promotion of Tourism in the State of Assam
8. Pattern/Type of incentives.
rules-for-grant-of-incentive-for-promotion-of-tourism-in-the-state-of-assam-1992-sec-8.json
•
Section 8
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"act_title": "Rules for Grant of Incentive for Promotion of Tourism in the State of Assam",
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"number": "8",
"title": "8. Pattern/Type of incentives.",
"chapter": null,
"content": "A. Subsidy for preparation of feasibility report.\n(i) In case of all project the capital cost of which does not exceed Rs.l crore, the Department of Tourism will provide subsidy for preparation of project report, feasibility report prepared by agencies approved by the State Government, subject to a maximum of Rs.10,000/- Rupees ten thousand). Project/feasibility reports for which contribution have already been received or eligible for receipt from A.I.D.C. or Industry Department, shall not be entitle for subsidy. The project report/feasibility report for the following projects will be eligible for subsidy.\n(a) Hotels upto 3 star classification.\n(b) Restaurant approved by the classification committee of Government of India.\n(c) Wayside restaurants, Hotels, Motels, eating places approved by the Tourism Department.\n(d) Amusement park/recreation centre approved by the Department of Tourism.\n(ii) If the project is not implemented within reasonable prescribed period of three years it shall be the property of the Department of Tourism.\nB. Development of local manpower. Incentive shall be provided to persons undergoing training in an institute approved by Government in management of tourism infrastructure. The maximum incentive shall be Rs.1000/- (Rupees one thousand) per trainees per year and may be given up to a maximum of three years, subject to satisfactory progress in the training, and subject to execution of an undertaking to serve in the State of Assam for an on equal number of years for which the incentive is provided.\nC. Power subsidy and subsidy on power generating set shall be as per Industrial policy of 1986.\nD. Allotment of Government land.-\n(i) Subject to the approval of the Department of Revenue, Government of Assam, land shall be granted on premium or long term lease other following types of projects.\n(a) Construction of Hotels upto three star category.\n(b) Construction of amusement parks, restaurants, recreation centres approved by the Department of Tourism.\n(c) Construction of wayside restaurants, Motels Hotels, eating places approved by the Department of Tourism.\n(ii) The Government may at its discreation also enter into equity participation in a project for which Government land have been made available and equity contribution of Government shall be equal to the value of the land assessed by proper authority.\nE. Subsidy on equipments and furnitures. Subsidy at the rate of 40% of value of equipments and furniture required for Hotels upto three star, Restaurants, Motel, eating places, amusement parks and recreation centres approved by the Department of Tourism. Government of India or the State Government shall be paid, subject to a maximum of Rs.25,000/- (Rupees twenty five thousand) only. The requirement of furniture or equipment shall be determined by the Committee.\nF. Managerial Subsidy. An approved project shall be eligible for managerial subsidy of 40% of the expenditure on actual operation of the project subject to a maximum of Rs. 25,000/- per annum. The employees needed for management of the project on the basis of its size and standard and the amount required for salary etc. shall be determined by the Committee. The subsidy will be available for the first two years of operation of the project only.\nG. In addition to the above subsidy and financial assistance, the other regular standing financial assistance, from various Institutes like Bank/Assam Financial Corporation/Assam Industrial Development Corporation, etc. may be obtained.",
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