The policy's objective is to position Odisha as the most preferred tourist destination and place it prominently on the domestic and international tourism map with focus on employment generation and promoting small & medium enterprises.
The policy aims at attracting fresh investments through provision of investments and interest subsidies for development of world class tourism products and infrastructure.
Also Read
According to the new tourism policy, all tourism projects shall be exempted from payment of entry tax on purchase of raw materials for the entire construction period or for a period of three years whichever is lower.
The waiver of entry tax would be applicable to projects like hotels, heritage hotels, resorts, service apartments spa and wellness centres, amusement parks, art and crafts villages, golf courses, convention centres, adventure tourism projects and eco-tourism projects to name a few.
The Cabinet also decided that Biju Saharanchal Vidyutikaran Yojana, aimed at providing electricity to people living in un-electrified slums and habitations with minimum population of 100 in urban areas, will be extended to habitations with population below 100.
A grant-in-aid policy for government aided schools also got the Cabinet nod.
You’ve reached your limit of {{free_limit}} free articles this month.
Subscribe now for unlimited access.
Already subscribed? Log in
Subscribe to read the full story →
Smart Quarterly
₹900
3 Months
₹300/Month
Smart Essential
₹2,700
1 Year
₹225/Month
Super Saver
₹3,900
2 Years
₹162/Month
Renews automatically, cancel anytime
Here’s what’s included in our digital subscription plans
Exclusive premium stories online
Over 30 premium stories daily, handpicked by our editors


Complimentary Access to The New York Times
News, Games, Cooking, Audio, Wirecutter & The Athletic
Business Standard Epaper
Digital replica of our daily newspaper — with options to read, save, and share


Curated Newsletters
Insights on markets, finance, politics, tech, and more delivered to your inbox
Market Analysis & Investment Insights
In-depth market analysis & insights with access to The Smart Investor


Archives
Repository of articles and publications dating back to 1997
Ad-free Reading
Uninterrupted reading experience with no advertisements


Seamless Access Across All Devices
Access Business Standard across devices — mobile, tablet, or PC, via web or app
)