Hotels approved under Tourism Policy await subsidy from govt of Karnataka
The HinduThe Tourism Department had given in-principle approval for the establishment of 54 new hotels across the State under the Karnataka Tourism Policy 2020, between 2022-23 and 2024-25. The Karnataka Tourism Policy 2020 was touted as a springboard for various activities and development of tourist destinations until 2026. After an official committee meeting, according to provisions of the budget, subsidy will be declared for the proposals, which have been granted approval.” The initial Karnataka Tourism Policy 2020 – 2025 was revised to Karnataka Tourism Policy 2020 – 2026 due to the COVID-19 pandemic. In October 2024, the State Cabinet cleared the new Karnataka Tourism Policy 2024 – 2029 with an aim to increase domestic tourist visits from about 28 crore to about 48 crore a year, and foreign tourist visits from 4 lakh to 20 lakh.