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Bird Group's Ankur Bhatia dies aged 48, travel industry, business leaders condole demise | Companies News

Dr Ankur Bhatia (48) suffered a massive cardiac arrest this morning and succumbed to it. ....

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Travel News - Govt extends ECLGS to aviation sector; industry players say decision to ease liquidity pressure

Govt extends ECLGS to aviation sector; industry players say decision to ease liquidity pressure
The government on Sunday announced extending the Emergency Credit Line Guarantee Scheme (ECLGS) to the civil aviation sector, a move that is expected to provide a liquidity solace for the pandemic-hit segment. Civil Aviation Minister Hardeep Singh Puri said airlines, airports, air ambulances and airports can avail additional funding facility under the ECLGS which will help alleviate their âstressed cash flowsâ.
Referring to the ECLGS 3.0 wherein aviation sector was included on Sunday, the Minister said that it can help civil aviation meet their working capital term loan and additional term loan needs. Industry players said the âtimelyâ decision to include the aviation sector under the ECLGS, which was announced in May last year, will ease the pressure and provide the much-needed liquidity. ....

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ECLGS in aviation: Industry player says decision to ease liquidity pressure

Read more about ECLGS in aviation: Industry player says decision to ease liquidity pressure on Business Standard. Govt announced extending the Emergency Credit Line Guarantee Scheme to the civil aviation sector, a move that is expected to provide a liquidity solace for the pandemic-hit segment ....

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COVID knocked out tourism, can Budget 2021 revive it?

COVID knocked out tourism, can Budget 2021 revive it?
Several experts are of the view that the sector may take 3-4 years to fully recover and are expecting the Centre to grant long pending demand for industry status to the sector as well as lower GST rates, thereby giving direct relief, particularly to hotels
BusinessToday.In | February 1, 2021 | Updated 07:33 IST
The tourism and hospitality industry is seeking extensive support from the government in wake of unprecedented damage done by coronavirus crisis
The tourism and hospitality industry, which is one of the most-affected sectors due to the COVID-19 pandemic, has pinned high hopes on the Budget 2021. ....

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Pandemic-hit tourism & hospitality sector looks forward for fair deal in Budget

Budget session to would conclude on April 8.
The Houses will adjourn on February 15 and meet again on March 8.
New Delhi: Pinning its hopes on the upcoming Union Budget, the tourism and hospitality sector has made several recommendations to the government to help it emerge from the impact of COVID-19 crisis.
To ensure that there is a shared tourism vision across the Centre and states, industry has also proposed creation of a National Tourism Council of Chief Ministers headed by the Prime Minister along with the tourism minister, Federation of Associations in Indian Tourism and Hospitality (FAITH) said in a statement. ....

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