The interim budget 2024-25 recently presented by Indian finance minister Nirmala Sitharaman has drawn mixed reactions from the country’s tourism industry. While the focus on infrastructure development received appreciation, key demands of the past like industry status and rationalisation of taxes were once again overlooked.
As per the interim budget, states will be encouraged to take up comprehensive development of ‘iconic’ tourist centres, and to brand and market them on a global scale. A framework for rating based on quality of facilities and services will be established too.
The Indian finance minister also announced that 400,000 normal rail bogies will be converted to the high-speed Vande Bharat standards to enhance safety, convenience and comfort of passengers.
Mahesh Iyer, managing director & CEO, Thomas Cook (India), said: “An important…
