New tourism policy to attract investments: Karnataka Deputy CM Shivakumar - Hindustan Times
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New tourism policy to attract investments: Karnataka Deputy CM Shivakumar

PTI |
Jun 15, 2024 05:59 PM IST

New tourism policy to attract investments: Karnataka Deputy CM Shivakumar

Bengaluru, Karnataka Deputy Chief Minister D K Shivakumar on Saturday said that the state was planning to come out with a new tourism policy to attract investments into the industry.

New tourism policy to attract investments: Karnataka Deputy CM Shivakumar
New tourism policy to attract investments: Karnataka Deputy CM Shivakumar

Speaking at the event 'Dakshin Bharat Utsav' jointly organised by Federation of Karnataka Chambers of Commerce and Industry and Karnataka Tourism Department, he said, "A good tourism policy will be able to attract industrialists and investments. When industrialists do well, the government gets more revenue, more jobs are created for the people and the industry grows."

"There are many representatives from Andhra Pradesh, Tamil Nadu, Puducherry and Telangana. I request them to share their experiences here. Karnataka is looking to develop its 300-km long coastline. Bengaluru can become a tourist hub besides being the IT capital," he added.

He said the government will also be inviting new tenders for a sky deck in Bengaluru.

"Cubbon Park and Lal Bagh were traditional tourist places in Bengaluru. In order to create new tourist spots for new generation of people, we have planned a sky deck in Bengaluru. We will be inviting new tenders for the sky deck in the next 8-10 days," he said.

"We are also planning to develop Brindavana on the lines of Disney land. Budgetary allocations have been made in the last budget for this," he said.

The GST of 18 per cent is killing the tourism industry. If businesses lose more than half the money to taxes, they will not be motivated enough to invest more. It is important that the people and the industry raise these issues, Shivakumar said.

He urged the investors and industrialists in the tourism industry to submit their demands in writing to the government. "We need you to walk with us in our journey to improve tourism in the state," he added.

This article was generated from an automated news agency feed without modifications to text.

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