HOSPITALITY AND TOURISM INDUSTRY BENEFITS FROM THE UNION BUDGET

HIGHLIGHTS

• INR 2500 crore allocated for the tourism sector for the financial year 2021
• India had jumped from the 65th rank in 2014 to 34 ranks in 2019 in the Travel and Tourism Competitive Index

The budget allocation for the tourism sector for the financial year 2021 is Rs 2500 crore.

Industry officials stated that the likely establishment of the Indian Institute of Heri....