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Budget 2024: Port connectivity projects, tourism infra to be built on islands

by Kalpana Pandey
February 2, 2024
in News, Asia, EXIM & International Trade, Logistics, Ports & Terminals, Supply Chain
Reading Time: 1 min read
A A
JNPT

“States will be encouraged to take up comprehensive development of iconic tourist centres, branding and marketing them at global scale,” said Sitharaman

“A framework for rating of the centres based on quality of facilities and services will be established. Long-term interest free loans will be provided to States for financing such development on a matching basis,” she added.

Sitharaman highlighted that the G20 Summit organised by India in 2023, showcased India’s tourism potential in about sixty places.

“Tourism, including spiritual tourism, has tremendous opportunities for local entrepreneurship,” she said.

Prime Minister Narendra Modi recently visited Lakshadweep Island and called upon enhanced development on the island in addition to creating futuristic infrastructure and creating opportunities for better healthcare, faster internet and drinking water.

The government has allocated Rs. 1,750.00 crores, up over two times from the revised estimates of 2023-24, towards Integrated Development of Tourist Circuits around specific themes (Swadesh Darshan), a central sector scheme.

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Kalpana Pandey

The Maritime Gateway Editorial Team delivers trusted news, analysis, and insights on shipping, ports, logistics, supply chains, and global trade, backed by industry expertise and editorial review.

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