These are the following repercussions that every tourism entrepreneur of Meghalaya would face:-
1. The value of land or real estate in Shillong and other areas would go down eventually for the next 7 to 8 years.
2. Tourism entrepreneurs are forced to shut down their operation, in other words, the only option is to liquidate their assets by selling off their land or real estate investment, in order to get their loan paid off.
3. Real estate investors would have no choice but to sell off their investment at a throw-away price.
4. With the paralysis of the tourism industry, Meghalaya youth would focus on investing more on Healthcare education and Computer technology learning because they have witnessed the impact of COVID on their booming…