tourism sector – आवारा मुसाफिर

Budget may have too little to bring major relief for tourism sector

February 1, 2022863 Views

Battered tourism sector gets Rs 2400 crore; more could have been done, says industry From the budgetary allocation for major tourism infrastructure schemes, Rs 1181.30 crore is earmarked for the Swadesh Darshan Scheme, and Rs 235 crore for the PRASHAD Scheme. The Ministry of Tourism has been allocated Rs 2,400 crore in the Union Budget which is 18.42 per cent higher than the allocation for the financial year 2021-22, bringing some relief to a sector ravaged by the Covid pandemic. India’s hotels, travel operators and players in the hospitality sector get a special mention in Finance Minister Nirmala Sithraram’s budget speech as part of the emergency credit scheme, which has been expanded by ₹50,000 crore to total cover of ₹5 lakh crore. She mentioned that the additional loa...

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New report shows value of IP to the tourism sector

AWARA MUSAFIR BUREAU

May 6, 2021586 Views

A new report published jointly by WIPO and the World Tourism Organization (UNWTO) on the value of intellectual property in boosting tourism shows how the IP system creates a favorable ecosystem for innovation, entrepreneurship and investment in the sector. The publication, entitled “Boosting Tourism Development through Intellectual Property,” highlights good practices, features case studies and recommendations for policymakers and other tourism stakeholders on how to ensure that creativity, innovation, traditions and cultural heritage in tourism are properly protected and commercialized and that the benefits are shared by all. In a joint Foreword, WIPO Director General Daren Tang and UNWTO Secretary General Zurab Pololikashvili, predict that while the tourism sector has taken a ...