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Tourism and hospitality industry disappointed with the budget

By Economic Times - 2 months ago
Budget 2024: The travel and hospitality industry has expressed dissatisfaction with the Union Budget 2024-25, noting that several key demands were unmet. These included granting infrastructure status to the hospitality sector, increasing marketing and publicity budgets for inbound tourism, and reducing GST rates on travel and hospitality. Aashish Gupta of FAITH highlighted missed opportunities for supporting tourism growth. Rajiv Mehra of the Indian Association of Tour Operators criticized the lack of focus on boosting inbound tourism. The budget cut funding for overseas promotions to Rs 33.02 crore, down from Rs 100 crore.

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