relief measures – आवारा मुसाफिर

Government announces package but tourism industry not impressed

June 28, 20211038 Views

Trying to provide some relief to the ailing tourism sector, Indian Finance Minister Nirmala Sitharaman on Monday announced 8 economic relief measures as part of a package to support the pandemic-hit economy. But with large part of the relief coming in terms of loans, the tourism industry is not happy. It has always said that it wants financial support, but definitely not in form of loans. Package includes Rs 1.5 lakh crore of additional credit for small and medium businesses, more funds for the healthcare sector, loans to tourism agencies and guides, and waiver of visa fee for foreign tourists as part of a package to support the pandemic-hit economy. With the tourism sector being hit hard by the pandemic, she announced up to Rs 10 lakh loan to tourist agencies and Rs 1 lakh loan...

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IATA calls for opening of borders and continued relief measures

AWARA MUSAFIR BUREAU

September 1, 2020666 Views

The International Air Transport Association (IATA) has called on governments to work together to urgently find ways to re-establish global connectivity by re-opening borders and to continue with relief measures to sustain airlines during the COVID-19 crisis. IATA’s call reflects deep industry frustration as government policies such as closed borders, travel restrictions and quarantines continue to annihilate travel demand. This was evident in a disappointing “peak (Northern Hemisphere) summer travel season” that saw minimal improvements compared to the May-June period, as four in five potential travelers stayed home, based on comparisons with the year-ago period. Total July 2020 traffic was 79.8% below 2019 levelsInternational traffic in July 2020 was 91.9% below 2019 levels ...