The new Tourism policy of the Odisha government plans to attract investments for tourism projects by offering subsidies. It has divided the state into three zones for the purpose of administration of incentive schemes.
Zone A comprises of the municipal corporation area of Bhubaneswar, while Zone B includes rest of the state except KBK (Kalahandi-Bolangir-Koraput), Kandhamal and Gajapati districts and Zone A. The Zone C comprises KBK, Kandhamal and Gajapati dictricts.
Setting up of any tourism projects in Zone A will get capital investment subsidy of 20 per cent, maximum upto Rs 20 lakh, for investments ranging from Rs 10 lakh to Rs 20 crore. For investment of Rs 20 crore and above the subsidy is 25 per cent (maximum upto Rs 30 lakh).
In Zone B, the policy offers 25 per subsidy with a ceiling of Rs 25 lakh on the projects worth between Rs 10 lakh and Rs 20 crore and for investment above Rs 20 crore, the subsidy is 30 per cent with a ceiling of Rs 35 lakh.
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