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28 Feb, 2013

Massive IRs 87 Crore Hike in Indian Tourism Budget


Ministry of Tourism, 28-February, 2013 – Keeping in view the importance of Tourism sector, the allocation for Ministry of Tourism in the Union Budget presented today has been hiked by Rs.87.66 crore (1 crore is 10 million). The allocation for the Ministry this year is Rs.1297.66 crore while it was Rs. 1210 crore in the Union Budget 2012-13 and Rs. 1110.96 crore in the Union Budget 2011-12.

The Budget allocation for Plan projects/schemes for the benefit of North East region and Sikkim has been hiked from Rs. 121 crore to Rs. 129 crore. The allocation under this head in the Union budget 2011-2012 was 110 crore.

The allocation under tourist infrastructure is for the creation of infrastructural facilities on construction of Budget Accommodation, wayside amenities, Tourist Reception Centers, Refurbishment of Monuments, Special Tourism Projects, Adventure and Sports facilities, Sound and Light Shows, illuminations of monuments, providing for improvement in solid waste management and sewerage management improvement of surroundings, Signages, procurement of equipments directly related to Tourism and Rural Tourism projects etc.

This provision also relates to the Large Revenue Generating projects, generating revenue through levy of fees or user charges like Tourist Trains, cruise vessels, Cruise terminals, Convention Centre, Golf Courses etc. and creation of land bank for hotels to provide the hotel accommodation in the country by purchasing land and build hotels through public private partnerships.

The provision also includes Externally Aided Projects (including UNDP Endogenous Tourist Projects and assistance to central agencies for Tourism Infrastructural Development.