Capital Investment Subsidy for Establishment of New Resort and Wellness Centre
State: Madhya Pradesh
Ministry: null
Department: Tourism Department
Category: Travel & Tourism, Business & Entrepreneurship
Beneficiary Type: Business Entity

The scheme provides a capital investment subsidy of 15% against fixed capital investment, subject to a maximum ceiling of ₹50,00,000/-. The applicant must invest a minimum capital expenditure of ₹2,00,00,000/- and ensure the availability of a minimum of air-conditioned lettable rooms.

Benefits:
- 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.
<br>

Eligibility:
- 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.

<br>

Application Process:
[Offline]
Registration ProcessStep 1: The applicant must visit the Madhya Pradesh Government's Invest Portal, and initiate the registration process as a "Vendor / Investor".
Step 2: The applicant must fill in the basic information section by selecting the appropriate "Type of Organisation" 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 "Firm/Company Name" and the "Authorized Person Name" 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'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'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.
Application ProcessStep 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.

Documents Required:
Business Registration DocumentsBrief Note on Business Antecedents
Proof of Legal Authorized Person from the Unit
Memorandum and Articles of Association (if Public/Private Limited Company)
Partnership Deed and Certificate of Registration (if Partnership)
Certificate of Registration (if Proprietary Concern)
Certificate of Establishment of Firm/Company
Property and Land DocumentsCertified Khasra (Land Record Ownership Document)
Site Map
Registered Sale Deed or Lease Deed (Title Copy)
Project DocumentationProject Report
Certificate from HRACC (if Applicable)
Certificate from Town and Country Planning (TNCP)
Map Sanctioned by the Local Authority (Municipal Corporation, Municipality, etc.)
Building Permission Granted by the Appropriate Authority
Approved Floor Plan
Completion Certificate from Competent Authority
Financial DocumentsTotal Project Cost Certificate Certified by a Certified Engineer/Valuer
Total Capital Cost Certificate Certified by a Chartered Accountant
Debt Details from Concerned Financial Institution
Proof of Date of Commercial Operation (Copy of First Lodging Bill, Catering Bill, or Bill of Service Provided)
Supporting DocumentsPhotographs of the Unit/Project from 03 Different Angles
Cancelled Cheque of the Firm/Company
Copy of PAN Card
Copy of Photo ID Proof (Aadhaar Card/Voter ID/Passport, etc.)