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In order to encourage building budget hotels, the tourism ministry will grant capital subsidy to new one-, two-, three-star and heritage hotels. Under the capital subsidy scheme, the incentive for a new one-star hotel is Rs 2 lakh per room, subject to a cap of Rs 30 lakh. For a two-star facility, the hotelier will get Rs 3 lakh per room, subject to a cap of Rs 75 lakh, while for a three-star hotel, the amount is Rs 3 lakh per room, subject to a cap of Rs 100 lakh. The scheme will also apply to heritage hotels built before 1950. read the full story> | Daily Extras! Eclat Me | Success Tip of the Day| 1DailyDiversion| Eclat Web - Must Visit Websites! A Beautiful Pic Every Day! Word of the Day| Quotation of the Day| Make Money! Immigration News! Desire- WOW Stuff! Stock Mkt Updates |
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