40 tourism projects get nod to boost lesser-known destinations in India

The Ministry of Tourism has approved 40 projects worth over US$ 389.9 million (Rs. 3,295 crore) across 23 states to develop lesser-known destinations into iconic tourist sites, promoting more balanced tourism distribution across India. Under the Special Assistance to States/Union Territories for Capital Investment (SASCI) scheme, this initiative aims to create long-term, sustainable tourism infrastructure with interest-free loans for 50 years. The selected projects include notable destinations such as Rang Ghar in Sivasagar (Assam), Matsyagandha Lake in Saharsa (Bihar), and proposed developments in Porvorim (Goa) and Orchha (Madhya Pradesh). The Ministry of Tourism circulated operational guidelines for states to submit project proposals, which are expected to create significant economic impact and generate local employment. 

By October 15, 2024, 87 proposals worth over US$ 946.7 million (Rs. 8,000 crore) were received, with 40 projects shortlisted based on set criteria. These projects are designed to ease the pressure on high-traffic tourist destinations by diversifying visitors to lesser-known locations, improving the overall tourism experience. The funds for these projects are to be released before March FY26, with a two-year timeline for completion. The aim is to enhance global branding, support local economies, and foster sustainable growth in India’s tourism sector. 

Disclaimer: This information has been collected through secondary research and IBEF is not responsible for any errors in the same.