Summary:

The Ministry of Tourism has authorized 40 projects totaling US$ 389.9 million (Rs. 3,295 crore) across 23 states to transform lesser-known areas into renowned tourist attractions, supporting equitable tourism distribution in India. This SASCI program aims to establish sustainable tourist infrastructure with 50-year interest-free loans. Notable projects include Rang Ghar (Assam), Matsyagandha Lake (Bihar), and new developments in Porvorim (Goa) and Orchha (Madhya Pradesh).

By October 15, 2024, 87 proposals totaling over US$ 946.7 million (Rs. 8,000 crore) had been received, with 40 projects selected. These initiatives aim to alleviate strain on high-traffic tourist areas by directing tourists to lesser-known locations, thereby improving the tourism experience. Funds will be released by March FY26, with a two-year completion timeline, focusing on global branding, local economic support, and sustainable growth in India’s tourism sector.

Source: IBEF 

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