New Delhi: A study of the impact of coronavirus on tourism conducted by the National Council of Applied Economic Research has reported that the pandemic causes “significant” job losses in the tourism sector after locking is carried out.
On the opening day of parliament, the Ministry of Tourism referred NCAER reports in response to the question submitted by Lok Sabha MPS Ramesh Kaushik and Raju Bista where he said 14.5 million jobs were lost for 5.2 million jobs for 5.2 million jobs for 5.2 Million jobs for 5.2 million jobs for 5.2 million jobs for 5.2 million jobs for 5.2 million quarter jobs and 1.8 million other jobs during the third quarter of 20-21, after the locking was charged.
Coronavirus: Direct directly NCAER reports, the draft that was approved by the Ministry of Tourism, has not been published.
Sponsored studies produce analytical reports that use mathematical models to assess economic losses in terms of tourism expenditure, projects total recovery can only occur in 3-4 years, assess losses for household income, and contain recommendations for the resurrection of the tourism sector.
The ministry involved Ncaer in January 2021 to conduct research on the ‘India and Pandemic Coronavirus: economic losses for households engaged in recovery policies and policies’.
This is also a task force led by the Minister of Tourism to “meet the challenges posed by Covid 19 and make the right recommendations for the resurrection of the tourism and hospitality sector in the country”.
However, there was no formal study conducted to assess the impact of the state / ut-wise from Covid-19 in the tourism industry.
It also said foreign exchange income (costs) during the months between January and December 2020 fell 76.3% compared to the appropriate period in 2019.
Read also facilitates the level of warning India; Canada to be reopened for a full vaccinated from September 7, the United States has lowered its travel advisor to India for its citizens from Level 4 “Don’t travel” to Level 3 “reconsidering the trip” with the Covid-19 situation easing significantly in this country.
It still has to be seen when the US removes or facilitates the restriction of travel from the Indian travel and tourism sector.
India, which accounts for almost 2.5% of GDP, has made repeatedly to the government that seek help for travel business and tourism staggered in the ravine Destruction due to the coronavirus pandemic.
From hotels to travel operators and tours and travel guides, the body of representatives from the tourism sector has provided several petitions to the government highlighting deep financial stress caused by pandemics in the travel and hospitality sectors for 2020-21.
With the impact of the viability of tourism and employment companies, faith, business federation of travel and hospitality in this country, seeking to ignite the liability of laws and add that countries must offer 100% neglect, without punishment, for business travel and hospitality on all Fixed electricity and utility costs, customs, property tax, tourist transportation tax between countries, SGST neglect, and all regional taxes.
Industrial agencies also seek automatic updates from all licenses, permits, permits will end on 2021-22 without financial costs or industrial punishment and status for tourism and hospitality travel, and return on GST credit that is not seen with them for their travel sector liquidity needs.
The response of this sector to the “bailout package” of the Minister of Finance also failed to provide a lot of enthusiasm because business said they needed cash flows to keep the business float rather than monetary policy interventions.
Covid impact of tourism: 14.5 million lost work in 2020 Q1 only
