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...
Read More
You must be logged in to post a comment.