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    Misiion Lakshadweep: Tourism Infrastructure getting makeover of Rs 3,600 Crore


    Finance Outlook India Team | Thursday, 08 February 2024

    The Indian government has unveiled a comprehensive infrastructure renovation plan for Rs 3,600 crore with the goal of making the Lakshadweep islands a top travel destination. This large-scale endeavor will include the construction of beachside amenities, surrounding roads, port facilities, and other vital infrastructure projects.

    The expansion of port facilities at Androth, Kalpeni, and Kadamat islands, as well as the building of beachside and periphery roads at key areas including Kadamat Island (East), Agatti Island (East), and Kavaratti Island, are some of the plan's main attractions. These programmes are a part of a bigger endeavor to improve connectivity and tourism infrastructure throughout the 32 square kilometer Lakshadweep islands, which are located in the Arabian Sea, 220-440 km off the coast of Kerala.

    Funding for tourism and Budget 2024

    The Sagarmala scheme would provide funding for various projects. Sagarmala is a port-led development initiative. In order to meet the rising demand for internal travel within the nation, Finance Minister Nirmala Sitharaman emphasized the significance of investing in port connectivity and tourism facilities, particularly on islands like Lakshadweep, during the presentation of the Interim Union Budget 2024.

    The Indian middle class's increased desire for travel and adventure was mentioned by the finance minister in her Interim Budget speech. She declared ambitions to create iconic tourism destinations with international branding and marketing and stressed the need of supporting local entrepreneurship in the travel industry, particularly spiritual tourism.

    The government intends to match state requests for long-term, interest-free loans in order to promote the development of tourism infrastructure. This programme seeks to meet the growing demand for domestic travel while creating jobs and promoting economic progress.

    It is noteworthy that Prime Minister Narendra Modi mentioned Lakshadweep in the budget statement, particularly in light of his recent visit to the island on January 4. Prime Minister Modi highlighted Lakshadweep's tourist potential and its attraction to adventure seekers during his visit, sharing personal experiences from activities like snorkeling.

    But the island's notoriety also caused a commotion when Prime Minister Modi released a video of his visit to a spotless beach in Lakshadweep, and disparaging statements were made against him by a minister and other Maldivian leaders. Traveller tastes changed as a result of some Indians and tour operators postponing their trips to the Maldives.

    Lakshadweep's Viksit Bharat Sankalp Yatra

    In addition, in November 2023, the government initiated the 'Viksit Bharat Sankalp Yatra' with the aim of executing tribal welfare initiatives on the island. An information, education, and communication (IEC) van was deployed as part of this campaign, which aimed to achieve saturation of social schemes and improve outreach. On January 25, 2024, the program came to an end, representing a major advancement in Lakshadweep's development. 

     

    ALSO READ: What to Look out for in the Interim Budget before the Lok Sabha Elections?

     



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