Pushpendra Bansal

COO, Lords Hotels and Resorts

The tourism, Travel & Hospitality industry is disappointed with the central Government budget as none of our concerns were addressed. Our industry contributes close to 10 per cent of the GDP and tourism budget is now reduced by 18 per cent. The tourism industry has suffered the most due to pandemic and will be the last one to recover; there should have been some kind of encouragement for domestic travel, including tax exemptions, to save the industry. The only silver lining is a boost to infrastructure projects, which when implemented would help tourism over the long-term. Otherwise, it is a good budget for the country and we are happy that no new tax or cess is proposed.