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BENGALURU (Reuters) - Finance Minister Nirmala Sitharaman is expected to unveil plans to boost economic growth when she presents the 2021/2022 federal budget on Feb. 1.
FILE PHOTO: Finance Minister Nirmala Sitharaman (C) and Krishnamurthy Subramanian (R), chief economic adviser pose during a photo opportunity outside their office in parliament in New Delhi, India, July 5, 2019. REUTERS/Anushree Fadnavis
Corporates and industry lobby groups expect the government to announce greater spending on healthcare and infrastructure, as well as tax breaks for the automotive, manufacturing and tourism industries, reeling from the coronavirus crisis.
Here is a wishlist from industry leaders:
HEALTHCARE AND PHARMACEUTICALS
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Synopsis
Removal of smoking areas will mean consumers will have no avenue to smoke at bars, restaurants or at airports, which will not only hugely inconvenience consumers but also directly impact the F&B sector, the letter by NRAI which represents five lakh restaurants and bars, said.
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Provision for smoking zones is an international convention in the hospitality industry and its absence will also affect tourism, the letter said.
New Delhi: Removal of designated smoking rooms at airports and restaurants will adversely impact overall consumer sentiments of the dining out sector at a time when it is barely emerging from pandemic-induced losses, industry body National Restaurant Association of India (NRAI) said in a letter addressed to the government.
Covid-19 vaccine rollout: How India Inc is gearing up to immunise its employees
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Synopsis
As Covid-19 vaccination begins from January 16, corporate India is waiting to hear from the government on how and when it can immunise its employees. Some have even started exploratory talks with vaccine manufacturers.
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As India gets ready to roll out Covid-19 vaccination for health workers from January 16, the next question is: when will a worker on the shop floor or an executive at the front desk of a hotel get their shots? Neither of them will be in the priority group identified by the government. Yet, both of them play a critical role in India regaining its economic momentum.