Budget will spur investment, growth in tourism sector, says industry

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Budget will spur investment, growth in tourism sector, says industry - Business Standard

Quick Summary:

In a continued push to spiritual tourism, there will be a focus on destinations related to the life and times of Lord Buddha, Sitharaman announced on Saturday.

Overall, the initiatives taken by the government in this year’s Budget are steps in the right direction for the industry,” said K B Kachru, chairman, Radisson Hotel Group South Asia and president, Hotel Association of India.

Last year’s revised estimate came in at Rs 850.36 crore.“The Budget is progressive, especially with its focus on tourism and job creation.