West Bengal Interest Subsidy on Term Loan for Tourism — Up to ₹2.1Cr — Eligibility Criteria

Both new tourism projects and expansion projects at existing units are in scope, provided the unit was set up on or after February 22, 2021.

• Hotel units from the earlier window: hotels that began commercial operations between January 7, 2015 and December 31, 2020 are also eligible, but only where the absence of a bar stopped them from applying under the previous 2015 scheme.
• Ownership types covered: private sector, co-operative sector and joint sector units, along with companies and undertakings owned or managed by the State Government.
• Project documentation: the project must be backed by a detailed feasibility report or a project report prepared for the purpose.
• Institutional approval: the project must have been approved and sanctioned by a Central Financial Institution, a Commercial Bank or a State Financial Institution.
• Certificates: the unit must hold a Registration Certificate, a Date of Commencement Certificate and an Eligibility Certificate issued by the West Bengal Tourism Development Corporation Limited, granted once the arrangements are found satisfactory.

West Bengal Interest Subsidy on Term Loan for Tourism — Up to ₹2.1Cr is open to startups at the idea, product and revenue stage working in travel hospitality. The programme is targeted at startups registered in West Bengal. Applicants should be registered as private limited, llp and opc.