Underlining the importance of Conventions and Conferences as a significant segment of the tourism industry, the Tourism Minister said in order to give a boost to the Meetings Incentives Conferences and Exhibitions (MICE) tourism, the Govt. of India has decided to extend the benefits under Market Development Assistance (MDA) Scheme, administered by the Ministry of Tourism, to ‘Active Members’ of India Convention Promotion Bureau (ICPB) towards bidding for International Conferences /Conventions, thereby bringing more MICE business to the country.
Under the scheme, Associations/ societies would be given financial support on winning the bid or for obtaining second and third positions in the bidding process. The Ministry of Tourism extends financial assistance of Rs. 5.00 crore to State Governments for constructing one convention centre in the State.