Travel Trade Journal

P.P. Khanna

President, ADTOI

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The Union Budget 2022-23 once again, disappoint­ed the tourism sector, which had hopes from the government, some fiscal stimulus from the government was expected for survival. Almost 40 per cent of tour operators are already out from their businesses due to COVID and we are still in the midst of Omicron and expecting some relief from the government but seems all is in vain. While there were several other announceme­nts for the infrastruc­ture the proposed extension to the Emergency Credit Line Guarantee Scheme (ECLGS) and E-Passport seems to be the only news for tourism. But what about the present situation to cope with the financial aids to Tour operators or for their survival has not been looked by the govt, despite best efforts from the industry leaders and FAITH.

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