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Launched on January 20, 2012, this scheme by the Meghalaya Tourism Department aims to boost tourism infrastructure Read More... by supporting the creation of homestays and resorts. Read less
Details
Dreaming of starting a homestay or building a resort in the beautiful landscapes of Meghalaya? The Meghalaya Tourism Development & Investment Promotion Scheme is here to help you turn that dream into reality!
What Is This Scheme About?
This scheme is designed to encourage both public and private participation in developing Meghalaya's tourism sector. It offers financial incentives to individuals and entrepreneurs looking to set up new accommodation facilities. These facilities include:
- Homestays: Providing affordable places to stay in private homes, complete with basic amenities. This helps meet the demand for accommodation, especially during peak tourist seasons.
- Resorts: Building aesthetically pleasing and eco-friendly cottages that blend with the natural surroundings. These resorts are meant to be reliable, safe, and clean, encouraging tourists to explore areas beyond Shillong and boosting local economies.
Who Can Benefit From This Scheme?
The scheme is open to entrepreneurs who want to contribute to Meghalaya's tourism growth by setting up:
- Homestays: Individuals who own property with existing built-up houses and wish to convert them into welcoming homestay accommodations.
- Resorts: Entrepreneurs who own land and plan to develop resort-style cottages with all necessary facilities.
The goal is to create more income and job opportunities at various tourist destinations across the state.
Why Is This Scheme Important?
By offering financial assistance, the scheme aims to bridge the gap in tourism accommodation and encourage sustainable tourism development. It supports the creation of quality facilities that enhance the visitor experience and simultaneously empower local communities through increased tourism activities and employment.
Objective
Benefits
Sources and references
Who Can Apply? Eligibility Check
Before you apply, make sure you meet these conditions:
- Project Cost Limit: For homestays, the project cost should not exceed Rs 16.00 Lakhs. For resorts, it should be within Rs 100.00 Lakhs. If your project costs more, the assistance will be calculated based on these maximum limits (30% of Rs 16.00 Lakhs for homestays and 30% of Rs 100.00 Lakhs for resorts).
- Property Ownership: You must own the land for your resort project. If you're setting up a homestay, you should be the owner of the property with existing built-up houses.
- Completion Timeline: Resorts need to be completed within 18 months from the date the incentive is disbursed. Homestays have a slightly shorter timeline of 12 months.
- New Units Only: This scheme is applicable only for units set up on or after the date the incentive scheme was officially notified.
- Labour Policy: Entrepreneurs must adhere to the Minimum Wage policy set by the Government.
How to Apply for the Scheme
Ready to take the next step? Here's how you can apply:
- Download the official Application Form from the provided link.
- Fill out the form completely and accurately.
- Submit the application along with all the required documents and the prescribed cost for the application form and scheme brochure.
Important Note: The scheme brochure and application form can be obtained at a cost of Rs. 5000. This amount is non-refundable.
For the detailed application form and brochure, please refer to the official notification:
Meghalaya Tourism Development & Investment Promotion Scheme 2012 Notification and Application Form
What You Need: Required Documents
Gather these documents to support your application:
- Completed Application Form.
- Proof of Identity and existence of the Applicant.
- A copy of the record of right over the project land.
- An Affidavit in the format specified (Format II) with the application form.
- The prescribed cost for the application form and scheme brochure (Rs. 5000).
- A copy of the latest submitted Income Tax Return, if applicable.
- A Detailed Project Report submitted to any Financial Institution (FI) or Bank, showing the project's feasibility.
- A letter from an FI/Bank confirming that your loan case is under consideration.
- A key map or free-hand sketch of the project land showing its layout, boundaries, water sources, electricity (if any), and existing land use.
- A No Objection Certificate (NOC) for creating such a facility in the proposed area.
Official Sources
- For the complete details and application form, please visit: Official Scheme PDF
FAQ’s
How much does the application form and scheme brochure cost?
The cost for the application form and the scheme brochure is Rs. 5000. This amount is not refundable.
What is the entrepreneur's required contribution for a homestay project?
The entrepreneur needs to contribute 2% of the total project cost for a homestay.
What is the maximum project cost for a homestay under this scheme?
The project cost for homestays should ideally be within Rs 16.00 Lakhs. Assistance is capped at 30% of this amount.
How long do I have to complete a resort project after getting the incentive?
You have 18 months from the date of disbursement of the incentive to complete your resort project.
What is the minimum number of rooms required for a resort?
A resort must have a minimum of 10 rooms.
What are the eligibility requirements for an entrepreneur applying for a homestay?
To be eligible for a homestay, the entrepreneur must be the owner of the property that has existing built-up houses.
If my resort project costs more than Rs 100 Lakhs, what is the maximum assistance I can get?
If your project cost exceeds Rs 100 Lakhs, the assistance will be limited to 30% of Rs 100 Lakhs.
What is the entrepreneur's required contribution for a resort project?
For a resort project, the entrepreneur is required to contribute 2% of the total project cost.
What is the minimum plinth area for each cottage in a resort?
Each cottage in a resort must have a minimum plinth area of 24 sq. m.
What is the timeframe to finish a homestay project?
The homestay project must be completed within 12 months from the date the incentive is disbursed.
What is the eligibility criterion for entrepreneurs applying for a resort?
Entrepreneurs applying for a resort must own the land where the project will be established.
What is the maximum project cost for a resort under this scheme?
The project cost for resorts should be within Rs 1.00 Crore. Assistance is calculated based on this limit.
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