Maha Kumbh 2025: ₹7,500cr budget, ₹2L crore expected revenue
What's the story
The Maha Kumbh 2025, the largest religious congregation in Prayagraj, Uttar Pradesh, started on January 13 and will end on February 26. The event is anticipated to attract around 400 million visitors during its 45-day period. The Uttar Pradesh government has earmarked ₹7,500 crore for the organization of the event, with the Centre approving an additional grant of ₹2,100 crore.
Economic boost
Mahakumbh 2025's economic impact: A detailed look
The Confederation of All India Traders (CAIT) estimates that the event will generate over ₹2 lakh crore in revenue, giving a major boost to the local economy. Basic items needed by devotees are likely to add around ₹17,310 crore to the total. Groceries alone are expected to generate ₹4,000 crore, while milk and dairy products could add another ₹4,000 crore.
Sector growth
Hospitality and transportation sectors anticipate revenue surge
The hospitality sector is gearing up for a business bonanza, with 150 hotels set to host guests and luxury tents available for ₹18,000-₹1 lakh a night. Helicopter services are also expected to cash in on the event, with an estimated ₹157 crore earnings during its course. The Uttar Pradesh government expects to earn over ₹25,000 crore through taxes and other charges during Mahakumbh 2025.
Job creation
Mahakumbh 2025: A significant employment generator
The Mahakumbh is also known to be a major employment generator. The last Kumbh Mela in 2019 generated jobs for over six lakh workers in different sectors. Important trade estimates for Mahakumbh 2025 include accommodation generating ₹40,000 crore and food contributing another ₹20,000 crore. Religious items are expected to generate ₹20,000 crore in trade, further boosting the local economy.