Karnataka govt aims for a INR 1500 cr investment for tourism

After a detailed discussion, the cabinet has given its nod to announce the Karnataka Tourism Policy 2024-29 and to release a subsidies grant under the policy," Patil said.

He further said that the new tourist policy wants to promote tourism in the state under themes-adventures, agriculture, caravan, coastal, beach, cuisine, cultural, traditional, environment, education, film, golf, sports, tribal, wedding destination, health tourism among many.

On Monday, the Karnataka cabinet cleared the new tourism policy for the state, with the government eyeing investments of INR 1500 crore in the sector. Karnataka plans to attract 20 lakh foreign tourists a year to be among the top five states in the category, and concerning domestic footfalls, it wants to be among the top three states with a target of 48 crore local tourists, Law and Parliamentary Affairs Minister HK Patil said after the Cabinet meeting.

"The cabinet, after detailed discussion, has given its nod to announce the Karnataka Tourism Plan 2024-29 and to release subsidies grants under the policy", Patil said. He further said the new tourism policy wants to promote tourism in the state under themes such as adventure, agriculture, caravan, coastal, bach, cuisines, culture, traditional, environment, education, film, golf and tribal wedding destination, and health tourism. He also added that the "apartment, hotel, service apartments, aquarium, beach shacks, amusement parks among 46 tourism projects have also been identified, and special impetus will be given for tourism promotion among all these sectors".

Patil said the state government intends to increase the influx of foreign and domestic travellers. "To be among the top five state destinations for foreign travellers, we must reach 20 lakh foreign visitors a year. He noted that our target is to reach a minimum of 20 lakh, now about 12-14 lakh," he noted.

"To become one of the top three destinations among the states for domestic footfall, our existing tourism points should be about 48 crores a year, but we are now about 30-32 crore. We would make efforts in the next five years to reach 48 crore," he added.

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Karnataka Govt Clears New Tourism Policy Eyes INR 1500 Cr Investments

News Source : Economic Times