FAITH, the policy federation of all the ten national associations representing the complete tourism, travel and hospitality industry of India - ADTOI, ATOAI, FHRAI, HAI, IATO, ICPB, IHHA, ITTA, TAAI & TAFI has proposed ‘PM - HINES’ or ‘Prime Minister - Holiday in India Export Support’ for the upcoming foreign trade policy to fast track tourism, travel and hospitality exports from India. PM - HINES is a combination of two existing similar support mechanisms of the government of encouraging duty-free exports and PLI scheme. On similar concept, to increase tourism, travel and hospitality exports from India PM - HINES is based on two key market principals Drawback of all domestic duties, levies and taxes which have become implicitly built into the price of tourism in India M...
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