Industry voices disappointment over Budget 2024's impact on hospitality sector

While the budget did not meet all expectations of the industry, the focus on infrastructure, rural development, and tourism enhancement offers a glimmer of hope. Despite the well-accepted multiplier effect of tourism on employment and the economy, several key demands from the tourism and hospitality industry were overlooked. These included, GST rationalisation, Granting of infrastructure status, enhancing ease of doing business and implementing policy reforms.



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