Mice Affairs Media Group, News Bureau, 20 May 2021
Convention and exhibition centres in India gets included in the definition of Infrastructure. The development was announced through a notification by the finance ministry.
‘Exhibition-cum-Convention Centre is included in the Harmonised Master List of Infrastructure sub-sectors by insertion of a new item in the category of Social and Commercial Infrastructure,’ the Department of Economic Affairs said in a notification.
Although, the benefits available as ‘infrastructure’ projects would only be available for projects with a minimum built-up floor area of 1,00,000 square metres of exclusive exhibition space or convention space or both.