The year 2020 was full of challenges for the common man, businesses, and the overall economy. The travel and mobility industry was one of the first to be significantly impacted by the pandemic. However, with ease in travel restrictions, people gradually started stepping out for work, weekend getaways and started using public transportation facilities. All these factors contributed to the recovery of the travel and tourism industry particularly in the latter half of the year.
Now, with Union Budget 2021 right around the corner, the industry is expecting long-term initiatives that will help infuse positivity and bring back growth to the economy.
Privately owned buses are the single largest mode of travel. As things stand today, private…