Published on : Thursday, July 24, 2014
The Indian Minister of State (Independent Charge) for Culture & Tourism Shri Shripad Yesso Naik has said that as per the Report of the ‘Working Group on Tourism’ for the 12th Five Year Plan (2012-2017) set up by the Planning Commission, for a projected annual growth of 12% in foreign tourist arrivals, the requirement of additional hotel rooms under classified category in 2016 over 2010 is estimated to be 1,90,108 including budget hotel rooms.
In a written reply in the Rajya Sabha today Shri Naik said, construction of hotels is primarily a private sector activity.
The Indian Ministry of Tourism, however, has advised the State Governments/UT Administrations to follow tourism friendly policies for augmenting Hotel room supply like allotting land sites for hotels on revenue sharing basis, granting extra Floor Space Index(FSI)/Floor Area Ratio (FAR) for hotels, adopt Single Window approach for clearing hotel projects, rationalization of taxes.
The Ministry of Finance, Govt. of India has also included the following in the “Harmonised list of Infrastructure Sub – Sectors” to boost supply of hotel rooms in the country:
I. Three Star or higher category classified hotels located outside cities with population of more than 1 million.
II. Hotels with a project cost of more than Rs.200 crore each in any place in India and of any star rating.
This clause is applicable with prospective effect from 07.10.2013, the date of notification and available for eligible prospects for three years from the date of notification i.e. 07.10.2013, the eligibility cost of Rs.200 crore excludes cost of land and lease charges but includes interest during construction.
Tags: hotel rooms, India
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