CSESPATVASASTCA

The scheme aims to encourage private investment in niche adventure tourism sectors such as sea planes, amphibian vehicles, and aero sports academies in Madhya Pradesh. It provides eligible investors with a 25% capital subsidy on fixed capital investment, up to ₹10,00,00,000/-.

The scheme "Capital Subsidy for Establishment of Sea Plane, Amphibian Tourist Vehicle and Aero Sports and Aero Sports Training Centre/Academy" was launched by the Tourism Department, Government Of Madhya Pradesh. The scheme aims to promote adventure tourism and enhance connectivity by incentivizing the establishment of aero sports facilities and the operation of specialized tourist vehicles. The scheme provides a capital investment subsidy of 25% on the fixed capital investment, subject to a maximum ceiling of ₹10,00,00,000/-. The applicant must incur a minimum capital expenditure of ₹1,00,00,000/- to be eligible for this specific subsidy category. The scheme is implemented by the Madhya Pradesh Tourism Board. The applications for this scheme are accepted online through the designated investment portal.

• The applicant must establish a tourism project falling under the category of Sea Plane, Amphibian Tourist Vehicle, Aero Sports, or Aero Sports Training Centre/Academy.
• The applicant must incur a minimum capital expenditure of ₹1,00,00,000/- as approved by the department.
• The applicant must ensure the project is established and operationalized during the operative tenure of the Tourism Policy 2025.
• The applicant must register the unit with the Tourism Department to avail of the benefits.
• The applicant must submit a self-declaration regarding the continuous operation of the unit on or before the 15th of April every year for at least three years from the date of availing the subsidy.
• The applicant must ensure that if the unit is closed within specified timeframes (1 to 3 years) after receiving the subsidy, the applicable amount (80% to 50%) is refunded.

• The beneficiary will receive a capital investment subsidy equivalent to 25% of the approved fixed capital investment.
• The maximum subsidy amount provided under this scheme is capped at ₹10,00,00,000/-.
• For Aero Sports and Aero Sports Training Centres/Academies, the subsidy shall be given after one year from the date of operation.
• For Sea Plane and Amphibian Tourist Vehicles, the subsidy will be released in phases: 40% at the start of operation, and 20% per year in the subsequent 2nd, 3rd, and 4th years.
• Investment made prior to 3 years from the date of commencement of operation of the unit shall be accepted for calculating the capital subsidy.