How did the Budget fare?
brought together five tourism and hospitality experts to highlight how the new reforms brought forward in the Union Budget 2017-18 would affect the industry. The discussion also brought about an opportunity to collectively determine the next step forward.
L ittle was announced for the growth of tourism in the Union Budget for the financial year 2017-18 on February 1, 2017, which unsettled the industry and left a lot to be desired. While the new budget is focused on developing road infrastructure to a great deal, there was hardly any mention of a revision or rebate on any tax, an issue that has been the talk of the town. We brought together Pronab Sarkar, President, IATO;
Guldeep Singh Sahni, President, OTOAI; Sarab Jit Singh, Vice Chairman, FAITH; Rajindera Kumar, Former President FHRAI & HRANI, and Rajan Sehgal, Chairman- Northern Chapter, TAAI; for an insightful debate to assess the impact and deliberate the pros and cons of the Budget.