Route · /scheme/cise5msccahm

CISE5MSCCAHM

Capital Investment Subsidy for Establishment of 500 or More Seater Convention Centre as Above cum Hotel under MICE

Madhya PradeshBusiness EntityState/ UTNo start date

myScheme’s own wording, reproduced in full. Where it is thin, that is the finding, and the completeness checks are below.

What this is

The scheme aims to boost MICE tourism by incentivizing the creation of large convention centers. It provides a 15% capital subsidy up to ₹10,00,00,000/- to investors establishing convention centers with a 500+ seating capacity and a minimum investment of ₹20,00,00,000/-.

In detail

The scheme "Capital Investment Subsidy for Establishment of 500 or More Seater Convention Centre as Above cum Hotel under MICE" was launched by the Department of Tourism, Government of Madhya Pradesh. The scheme aims to promote MICE (Meetings, Incentives, Conferences, and Exhibitions) tourism by encouraging the creation of large-scale convention infrastructure combined with hotels. The scheme provides a capital investment subsidy of 15% on the fixed capital investment, subject to a maximum ceiling of ₹10,00,00,000/-. The applicant must incur a minimum capital expenditure of ₹20,00,00,000/- as approved by the department to be eligible. The scheme is implemented by the Madhya Pradesh Tourism Board. The applications for this scheme are accepted online.

Who qualifies

The applicant must establish a tourism project that functions as a "Convention Centre cum Hotel under MICE".
The applicant must incur a minimum capital expenditure of ₹20,00,00,000/- (approved by the department).
The applicant must ensure the project conforms to the criteria and standards laid down by the Government of India for convention centers.
The applicant must ensure the seating capacity of the main convention hall, taken alone, is 500 seats or more.
The applicant must submit the application within one year from the date of commencement of operation.

What you get

The beneficiary receives a capital subsidy of 15% against the Fixed Capital Investment.
The maximum subsidy amount is capped at ₹10,00,00,000/-.

##### Conditions

_The unit must operate continuously for at least three years from the date of availing the subsidy._
_The beneficiary must submit a self-declaration regarding the continuous operation of the unit on or before the 15th of April every year._
_If the unit closes within 1 year of receipt, 80% of the subsidy must be refunded._
_If the unit closes within 2 years of receipt, 60% of the subsidy must be refunded._
_If the unit closes within 3 years of receipt, 50% of the subsidy must be refunded._

Listed by myScheme

Documentation completeness

6 of 9 checks passed

Checks are about the record,
not about the scheme.

✓

Eligibility published here592 characters

✓

Benefit amount published hereamount or quantity stated

✓

Description more than a name271 characters

✗

Implementing agency published herefield absent from the record

✓

How to apply published hereoffline mode declared, no URL needed

✗

Start date published herenot published

✗

End date published hereno end date recorded, so indefinite by omission

✓

Stored links well-formedall parse

✓

Not expired while still listedno end date

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Provenance

Every field above, and where it came from

schemeName	Capital Investment Subsidy for Establishment of 500 or More Seater Convention Centre as Above cum Hotel under MICE	myScheme · 2026-09-02
schemeOpenDate	...	not published at source
schemeCloseDate	...	not published at source
nodalMinistryName	...	myScheme · 2026-09-02
dbtScheme	False	myScheme · 2026-09-02
achievement data	...	no source publishes this for any central scheme