The policy aimed at attracting tourists to the state would also lead to employment generation, improvement in happiness quotient and achieving sustainable development, showed a presentation at the launch ceremony.
Under the policy, the government would provide single window system, capital investment subsidy at 20-25% up to a limit of ₹10 crore and reimbursement of 75% of net GST paid for a period of five years to the investors in state’s tourism sector.
The fiscal incentives also include interest subsidy at 50% up to a limit of ₹20 lakh for five years.
The government would also provide special provisions for women, ex-servicemen, differently abled and people belonging to scheduled caste and scheduled tribe categories.
Speaking at the launch event, chief minister Soren said: “The perspective towards Jharkhand has been largely based on extraction but now the govt wants to base it on attraction.”