In the recently held Cabinet meeting chaired by N. Chandrababu Naidu, the Chief Minister of Andhra Pradesh, several key initiatives were approved, the highlight being the expansion of the Caravan Tourism Policy 2024-29 to include Caravan Parks and homestays, offering 100% life tax exemptions for first 50 caravans with 100 per cent exemption on life tax for the first 25 vehicles and graded rebates for the rest.

Additionally, this policy has also brought in stamp duty incentives for park developers. Homestays under a permissible limit of 6 rooms per unit would be eligible under the policy, and owners must reside on-site. This initiative was designed to promote the state’s temple and eco-tourism through caravan travel and park development.

This move highlights the growing emphasis towards m

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