AIRLINE NEWS / NATIONAL NEWS
TOURISM INDUSTRY SLAMS STIMULUS PACKAGE Indian Tourism and hospitality industry express shock and disappointment for its exclusion under Rs 20 lakh crore Atmanirbhar Bharat Abhiyan package; Industry associations say the government has failed to address their concerns.
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JUNE 2020 TOURISM INDIA
T
ourism is a people-intensive business and the human impact is unprecedented in its survival and growth. Indian Tourism Industry is one of the fastest-growing sectors, contributing 10% of the country’s GDP and employs 43 million people – which is 8% of all jobs in the country. On account of COVID-19, statistics show that in the hospitality sector in India there could be a potential loss of 5-7 million jobs. Indian Travel and Tourism industry which sized the US $247 billion as per the 201819 data could see a short-term fall. The lockdown hardly hit the most in terms of air borders being sealed by India and no foreign or domestic travel is permitted by air, rail, road, and waterways. The Travel tourism hospitality and aviation Industry had survived on it and seek assistance from the government for the new start. The various travel and hospitality industry associations in India including FAITH, IATO, TAAI, IAAI, FHRAI and it’s leaders have expressed their shock and disappoints after the last and final tranche of relief and
