What is the maximum subsidy available under this scheme?

The maximum capital investment subsidy is ₹5,00,00,000/- (₹5 crore).

Is there a minimum investment required to qualify for the subsidy?

Yes, applicants must incur a minimum capital expenditure of ₹1,00,00,000/- (₹1 crore) as approved by the department.

When should I apply for the subsidy?

The application for the capital subsidy must be submitted online within one year from the date of commencement of commercial operation of the project.

Are there any conditions for retaining the subsidy?

Yes, the unit must operate for at least three years from the date of availing the subsidy. Proportional refunds are required if the unit closes earlier than three years.

What legal entities can apply?

Legal entities such as Public/Private Limited Companies, Partnership Firms, Proprietary Concerns, Cooperative Societies, Trusts, FPOs, and Individuals are eligible to apply.

Capital Investment Subsidy For Creation of Infrastructure Along With Installation of Equipment To Establish Film Studio, Film Making, Museum, Aquarium, Theme Park – Up to ₹5 Cr

The Capital Investment Subsidy Scheme, launched by the Tourism Department, Government of Madhya Pradesh, aims to boost niche tourism projects within the state. It provides a significant financial incentive in the form of a 15% capital investment subsidy on approved fixed capital investment, capped at ₹5 crore. This initiative is designed to encourage both new and existing legal entities to develop and operate tourism infrastructure such as film studios, film-making facilities, museums, aquariums, and theme parks. By reducing the initial capital burden, the scheme seeks to enhance Madhya Pradesh's appeal as a diverse tourist destination and foster economic growth through strategic investments in high-potential tourism sectors. The scheme is implemented by the Madhya Pradesh Tourism Board and supports projects that meet a minimum capital expenditure of ₹1 crore.

The scheme primarily involves an application submission and a subsequent verification process by the Tourism Department/Board. The eligibility criteria are clearly defined, and applications are assessed based on adherence to these guidelines, including the nature of the project, minimum capital expenditure, and timing of the application relative to the project's operational commencement. There is no explicit mention of a competitive selection round, pitch event, or a multi-stage jury evaluation process; rather, it appears to be a compliance-based evaluation for eligible projects.

Beneficiaries of this scheme will receive a capital investment subsidy of 15% on their approved fixed capital investment. The maximum subsidy amount is capped at ₹5,00,00,000/- (₹5 crore), provided that the applicant incurs a minimum capital expenditure of ₹1,00,00,000/-. This financial assistance aims to reduce the upfront cost of establishing significant tourism infrastructure projects. Beyond the direct monetary benefit, the scheme also facilitates the application process through an online single-window system, implying streamlined regulatory support and easier navigation of necessary permissions for setting up these large-scale projects.

Capital Investment Subsidy For Creation of Infrastructure Along With Installation of Equipment To Establish Film Studio, Film Making, Museum, Aquarium, Theme Park

Capital Investment Subsidy For Creation of Infrastructure Along With Installation of Equipment To Establish Film Studio, Film Making, Museum, Aquarium, Theme Park

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