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Not just fiscal relief, a blend of many ingredients needed to spice up hotel sector 

The fiscal sops doled out are also too paltry to make a difference

June 30, 2021 / 08:59 AM IST
Not just fiscal relief, a blend of many ingredients needed to spice up hotel sector 

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The travel and tourism sector has been in the spotlight as the government doles out relief packages to pull COVID-hit sectors out of distress. Finance Minister Nirmala Sitharaman’s announcement of free tourist visas for the first five lakh tourists once global travel opens up, working capital loans and financial support to industry stakeholders, was welcomed by the hospitality sector. It also came on the back of the Reserve Bank of India’s special liquidity window for hotels, along with other...

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