Published on : Wednesday, September 16, 2020
In order to boost tourism and create employment opportunities, the Gujarat government hasannounced the Heritage Tourism Policy 2020-2025 under which the government is going to provide financial assistance in setting up new heritage hotels, or renovation of the existing ones.
Chief Minister Vijay Rupaniannounced this policy on September 11 making provisions forsubsidy and tax benefits for the conversion of heritage buildings into hotels, restaurants orbanquet halls as a way of attracting tourists. The policy is aimed at helping Gujarat attain a prominent place on the world tourism map.
According to the Heritage Tourism Policy, palaces, forts and monuments built before January1, 1950 can be converted into heritage hotels and museums if the heritage structure is notdamaged or altered.
A new heritage hotel or an existing one is going to get financial assistance of Rs5-10 crore for expansion or renovation. For investments up to Rs25 crore, the government will give 20 per cent subsidy with a maximum value of Rs5 crore. For investments above Rs25 crore, the maximum subsidy will be Rs10 crore.
For the setting up and renovation of a new heritage museum, heritage restaurant and heritage banquet hall, the government will provide financial aid of Rs45 lakh to Rs1 crore. This aid will be given for five years at 7 per cent interest and cannot exceed Rs30 lakhs per annum. The policy is inclusive of 100 percent electricity duty waiver, rent support in national and international events and marketing assistance.
The Gujarat government has also revised its Home Stay Policy simplifying it and making it more convenient for home owners to transform their homes into tourist accommodations. The
owners will have to pay electricity and property tax as applicable to residential units instead
of commercial units.
Registered owners of homestays who live in the same premise consisting of one to six room units can use rooftop solar energy for electricity. The 100-odd homestays in Gujarat will be provided training by Gujarat Tourism so that they can provide quality hospitality to the visitors.