Postponed IATO Elections finally set one year later
February 9, 2021
Indian Association of Tour Operators is one of the largest travel associations in the country.
Election results will define who guides the sector out of the COVID-19 pandemic.
The long-postponed elections for the Indian Association of Tour Operators IATO elections will now be held on March 6. Earlier, they were scheduled to be held in April 2020 but could not be done because of COVID-19.
The Indian Association of Tour Operators is one of the largest travel bodies in India and has been active on many fronts before and during the pandemic. The elections always generate much interest, and this year all the more so as the industry and country is facing the vital question of reviving the travel scene.
Restoration of Indian tourist visa; serious ministerial talks underway [details]
Plans to restore tourist visas are being conducted to revive the ailing tourism industry in India, sources have revealed.
Donald Trump ordered the suspension of the H-1B visas
As the COVID-19 pandemic took a heavy toll on international travel, airlines and tourism industries suffered massive losses. Even as international flights, albeit a few, have started operations, the tourism sector is still facing the brunt of the pandemic. As India has already started its vaccination drive, a sense of normalcy is taking over fear and panic that we all saw few months ago. As per new report, the tourism sector is likely to be given a new lease of life.
Travel, tourism and hospitality sectors disappointed
February 02, 2021
There was no proposal for any of these sectors in the Budget
The Budget came as a major disappointment to the pandemic-hit travel, tourism and hospitality sectors. The industry players as well as economic experts were expecting a special package or incentives to revive these industries, which are among the worst-hit by the global pandemic. But the Budget did not even make a mention about any of these sectors.
To make matters worse, the Budget has cut allocations for tourism industry. It has slashed the budgetary allocation for the Ministry of Tourism by 19 per cent to ₹2,026.77 crore for 2021-22 as against ₹2,500 crore for the current fiscal. It has allocated ₹1,088.03 crore for development of tourism infrastructure for FY22 compared to ₹1,655.21 crore for 2020-21.
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Does not address concerns over inequitable growth, say experts
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Union Finance Minister Nirmala Sitharaman addresses a press conference in New Delhi on February 1, 2021. | Photo Credit:
Sandeep Saxena
Does not address concerns over inequitable growth, say experts
The Union Budget 2021-22 drew mixed responses from the corporate sector. While it was largely welcomed by India Inc, which termed it a ‘budget for growth’, sectors such tourism and telecom expressed disappointment that their concerns were not addressed. Analysts too pointed out that the Budget does not provide any specific support for sectors stressed due to the pandemic.
The two major industry bodies CII and FICCI hailed the Union Budget. Uday Kotak, President of CII, said the Finance Minister delivered on her promise of unveiling a ‘Budget Like No Other’, adding that she had announced a “raft of prudent measures aimed at rejuvenating government spending towards critical
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