NEWS/ NATIONAL
UNION BUDGET DISAPPOINTS INDIAN TRAVEL & TOURISM INDUSTRY The union budget laid out budget proposals for enhancing rail, road, ports, metro lite infrastructure & PPP in buses, airports & ports including vista coaches in tourist routes, but lack of immediate support disappoints tourism industry in the country
T
he union budget 2021-22 laid out proposals for enhancing rail, road, ports, metro lite infrastructure & PPP in buses, airports & ports including vista coaches in tourist routes. These infrastructure measures may boost tourism over the long term but only once they are implemented. The measures to change the small companies capitalisation and turnover and support to the single-person company may boost the micro & small tourism entrepreneurs in boosting their organised state. The new agri infra cess will be a further dampener. “Lack of immediate direct support in the budget has disappointed the Indian travel and 10
FEBRUARY 2021 TOURISM INDIA
tourism industry”, while infrastructure measure announced as budget announcements, may boost tourism over the long term, the opportunity for immediate support has regretfully been missed out,” stated Nakul Anand, Chairman-FAITH, the policy federation of all the national associations representing the complete tourism, travel and hospitality industry of India (ADTOI, ATOAI, FHRAI, HAI, IATO, ICPB, IHHA, ITTA, TAAI, TAFI) & cause partner AIRDA. However, the tourism, travel & hospitality industry was looking at support for immediate and short-term measures for critical revival. This has not happened in the budget announcements. FAITH had proposed a Nation-
Mr. Nakul Anand Chairman-FAITH
