Bihar Tourism Policy 2023: Boosting Investment in the Tourism Sector
| Aspect | Details |
|---|---|
| Policy Name | Bihar Tourism Policy 2023 |
| Approval Authority | Bihar Cabinet |
| Objective | To attract more investment in the tourism sector and develop infrastructure near tourist destinations. |
| Capital Subsidy | - 30% for investments up to Rs 10 crore. - 25% for investments up to Rs 50 crore. - 25% for investments exceeding Rs 50 crore, with a maximum limit of Rs 25 crore. |
| Reimbursements | - 100% of land conversion fee, stamp duty, and registration fee. - 80% of GST on commercial operations for up to 5 years. - 100% of electricity tariff for new tourism units for 5 years. - 5% of monthly remuneration paid to tourist guides, with a maximum limit of Rs 5000 per guide for up to 2 years. |
| Subsidy Disbursement | - 50% at the commencement of commercial operation. - 25% after 2 years. - 25% after 5 years. |
| Special Incentives | - Green certification. - MICE (meetings, incentives, conferences, and exhibitions) promotions. |
| Infrastructure Development | Rs 62 crore sanctioned for an alternative approach path with sheds and a bus depot near Vishnupad Temple in Gaya. |
| Famous Tourist Places | Mahabodhi Temple Complex in Bodhgaya, Vishwa Shanti Stupa in Rajgir, Nalanda, Ancient city of Patliputra, Valmiki Nagar Tiger Reserve in West Champaran, etc. |