For representational purposes 
Business

Budget 2021: Lack of direct relief hurts pandemic-hit tourism sector

“While infra measures may boost tourism over long term, the opportunity for immediate support is lost,” said Nakul Anand, Chairman, FAITH. 

Express News Service

NEW DELHI:  In the long run, the odds might even out, but the tourism sector was banking on Finance Minister to make immediate big-ticket announcements to infuse energy into the business-starved sector. However, the absence of any direct relief came as a bitter disappointment. 

“While infra measures may boost tourism over long term, the opportunity for immediate support is lost,” said Nakul Anand, Chairman, FAITH. 

To ensure that there was an immediate national common tourism vision & revival action plan post Covid across the Centre and states, FAITH had proposed the creation of a National Tourism Council, industry status, income tax exemption on domestic travel, among other things.  

Federation of Hotel & Restaurant Associations of India (FHRAI) also said the Budget 2021 has disappointed the hospitality industry.

I-PAC raids: ED moves Calcutta HC alleging CM Mamata 'obstructed' investigation, took away 'key evidence'

India’s fiscal deficit may overshoot 2026‑27 target amid rising spending and slower revenues: BMI report

'My world is shattered...': Kin mourn loss of loved ones from contaminated water in Indore

Muslim man lynched in Jharkhand's Godda over alleged cattle theft

Israeli fire kills 11-year-old girl at home in Gaza as post-ceasefire deaths mount

SCROLL FOR NEXT