What is Special Assistance to States for Capital Investment Scheme?

Q: What is the scheme for special assistance?

It aims to stimulate economic recovery by providing interest-free assistance to states specifically for capital investment.

Q: What is the definition of tourism?

Tourism is a social, cultural and economic phenomenon which entails the movement of people to countries or places outside their usual environment for personal or business/professional purposes.

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SASCI Scheme Latest News

Recently, the Ministry of Tourism issued operational guidelines for the SASCI Scheme.

About SASCI Scheme

‘Special Assistance to States for Capital Investment– Development of Iconic Tourist Centres to Global Scale’(SASCI) has the objective to comprehensively develop iconic tourist centres in the country, branding and marketing them at global scale.
Salient features of SASCI Scheme: It has an endeavor of developing end to end tourist experience, funding support to the shortlisted proposals, strengthening all points of the tourist value chain, harnessing quality expertise for design and development, sustainable operations and maintenance etc.
Under this scheme projects have been identified based on the project proposals submitted by the concerned State Governments.
Parameters: Examination on the prescribed parameters such as connectivity to the site, tourism eco-system, carrying capacity, sustainability measures, sustainable operation and management, project impact and value created, tourism marketing plans etc.
Time Period: The projects are implemented and managed by the concerned State Government and projects are to be developed and completed within maximum 2 year’s period
Funding: Government of India will release funds under this scheme up to 31st March, 2026.