– Revenue sources include ₹1 crore grant from the State government and sponsorships fetching around ₹1.15 to ₹1.5 crore.
– Union government has allocated an additional support amounting to ₹50 lakh.
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The announcement regarding ticket sales marks an vital step in organizing one of Kerala’s most renowned cultural events. With important financial backing-combining state and union governments’ grants as well as sponsorship-driven contributions-the ambitious budget reveals NTBRS’s commitment toward elevating this conventional spectacle further in scale.
The tiered pricing approach likely aims at balancing accessibility with exclusivity; while affordable tickets cater to general spectatorship, premium options may attract high-end tourism or corporate interests-a move that could amplify both cultural appreciation and economic output locally. Furthermore, online ticket availability paired with physical distribution underscores efforts toward streamlined accessibility.
on broader terms, significant investment in such heritage events often highlights growing recognition of tourism-driven economic benefits linked with cultural preservation. As India aims to strengthen its soft power globally through festivals showcasing regional traditions like these races, deeper collaboration between local governance structures might further enhance sustainability in similar ventures.Images were not included within text provided