Maha Kumbh in Nashik to generate Rs 10,000 crore revenue for state government: Report

MUMBAI: The Maharastra government could generate a revenue of anywhere around Rs 10,000 crore in July, thanks to the Kumbh Mela happening in the state in July, Associated Chambers of Commerce and Industry of India ( ASSOCHAM) said in a research paper.

There are four destinations — Prayag, Nashik, Ujjain and Haridwar - where Kumbh Melas are organised across India. On July 14, Nashik would be hosting the Kumbh Mela on the banks of Godavari river. "The Maha Kumbh will also generate additional employment opportunities for over 4.5 lakhs workforce in sectors such as airlines & airports, hotels, tour operators and medical & eco-tourism," ASSOCHAM said in a statement.

"The Maha Kumbh will generate an additional employment opportunities for over 4.5 lakh people in direct and indirect sectors such as airlines, hotels, tour companies, medical and eco-tourism. The unorganised sector, too, will witness maximum economic gains during the period," said Mr DS Rawat, Secretary General ASSOCHAM while releasing the paper today.

As per the report, the hotel industry is aiming at 100% occupancy rate for Kumbh that is currently 55-60 per cent on an average, the research added.

The Kumbh Mela is scheduled between July 14-Sep 25, 2015, with the Shahi Snaan on Aug 29, Sep 13 and Sep 25. Nashik-Trimbakeshwar is among the four places in India - along with Ujjain, Allahabad and Haridwar - where the Kumbh Mela is held every 12 years.