MP govt to set up budget hotels at religious tourist sites

The state government has issued a notification to this effect,an official release said here today.

Under the Madhya Pradesh Tourism Policy,there is a provision to give subsidy to investors for constructing budget hotels at prominent religious tourism destinations of the state.

As per the policy,10 per cent of total capital expenditure or Rs 50 lakh,whichever is less,will be payable on construction of budget hotel on a plot of departmental land bank.