Capital Investment Subsidy for Establishment of New Resort and Wellness Centre

• The scheme provides a Capital Investment Subsidy of 15% against the Fixed Capital Investment.
• The maximum ceiling of the subsidy is ₹2,00,00,000/-.

##### *Disbursement Conditions*

• The unit must be established and operationalised during the operative tenure of the Tourism Policy 2025.
• If the unit executes and operates the entire project in one go, the capital expenditure incurred up to a maximum of 05 years prior to the commencement of the unit (as approved by the department) will be considered valid for the calculation of the capital grant.
• If the unit is entitled to a grant/subsidy in more than one category, the applicant must choose only one category in which they are willing to get the benefit.
• The unit must be run for at least three years from the date of availing the subsidy, and a self-declaration regarding continuous operation must be submitted on or before the 15th of April every year.
• On non-compliance regarding the three-year operation period, the subsidy is liable to be recovered with interest/penalty:

a) Closure within 1 year: 80% to be refunded.

b) Closure within 2 years: 60% to be refunded.

c) Closure within 3 years: 50% to be refunded.

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• The applicant must be a private investor establishing a Tourism Project in Madhya Pradesh.
• The applicant must establish a new Resort and Wellness Centre equipped with Ayurvedic, Yoga, and Naturopathic treatment facilities.
• The applicant must incur a minimum capital expenditure of ₹5,00,00,000/- as approved by the department.
• The applicant must ensure the unit is established as per the definition, criterion, and standards defined by the Government of India or the State Government.
• The applicant must obtain the necessary certification for the wellness/resort project as required by the Tourism Department.
• The applicant must submit the application for the subsidy within 1 year from the date of commencement of operation.
• The applicant must not have claimed Investment Promotion Assistance or capital subsidy under any other category for the same project.

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##### *Registration Process*

Step 1: The applicant must visit the Madhya Pradesh Government&#39;s Invest Portal, and initiate the registration process as a &quot;Vendor / Investor&quot;.

Step 2: The applicant must fill in the basic information section by selecting the appropriate &quot;Type of Organisation&quot; from the available options, which include Public Limited Company, Private Limited, LLP, Proprietorship Firm, Partnership Firm, Cooperative, Trust, FPO, and Individual. The applicant must enter the &quot;Firm/Company Name&quot; and the &quot;Authorized Person Name&quot; to establish the identity of the entity.

Step 3: The applicant must enter a valid email ID and mobile number. The Application Number, User ID, password, and all other important communications will be sent to this registered email ID.

Step 4: The applicant must complete the basic registration form submission. The system generates a User ID and password, which are shared directly with the applicant&#39;s registered mobile number.

Step 5: The authorized person logs in to the portal using the User ID and password received on the registered mobile number to process the company&#39;s activities. After the initial login, the applicant must update their profile to complete the full registration process before proceeding to apply for the scheme.

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##### *Application Process*

Step 1: The applicant must apply for and secure mandatory permissions through the online single-window system within the stipulated time frames. Then, the applicant must do the following -

• Complete the construction, ensuring the minimum capital expenditure of ₹5,00,00,000/- is met.- Commence commercial operations and gather proof of operation.

Step 2: The applicant must submit the capital subsidy application online within one year from the date of commencement of operation. Upload all required documents, ensuring all files meet the specified format requirements (e.g., JPG for photos).

Step 3: The Tourism Department/Board verifies the application and documents and processes the subsidy claim.

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