New Delhi: 5 Lakh The first tour released after India allows the entry of this visitor category will be issued for free.
And the travel agent recognized by the government and tour guides will now be eligible for loans of up to rs of 10 lakh and Rs 1 Lakh, respectively, without processing costs or additional guarantee requirements.
Finance Minister Union Nirmala Sitharaman announced these steps to ensure the survival of the tourism sector which was hit by Covid as part of the economic package on Monday.
Pre-Covid 2019 sees almost 1.1 Crore Arrival of foreign tourists (FTA) which collectively spends $ 30 billion for vacation and business.
“The average daily stay for foreign tourists in India is 21 days and their average daily expenditure per tourist is around $ 34 (Rs 2,400).
Once (tourism) Publishing Visa Resume, 5 tourist visas Lakh Lakh will first be issued for free , “said Sitharaman.
This benefit will only be available once per tourist.
The scheme, which forgets the income of Rs 100 Crore from this head, will be valid until March 31, 2022 or up to 5 lakh visas first issued.
The “Reviving Tourism” package for more than 11,000 registered tour guides and travel stakeholders is present in the form of a new loan guarantee scheme where working capital or personal loans will be given to people in the tourism sector to give up the obligation and restart the business of being exposed to a pandemic.
“This scheme will include 10,700 regional level tourism guides recognized by the government, both the Ministry and Tourism Union countries; and 904 travel stakeholders and tourism (travel agents) recognized by the Ministry of Tourism Union.
The loan will be given a 100% guarantee.
Rs 10 lakh per agency and rs 1 lakh per tourist guide.
There will be no processing fees together with the neglect of prepaid foreclosure / costs.
There is no additional guarantee needed, “said Minister of Finance.
The trip has become a victim of the worst pandemic.
Federation of Indian Tourism & Hospitality Associations (Faith), the peak body of the Indian Tourism industry, has this parade – just before the second wave is warned that almost 70% of the state labor estimates 5.5 crores (direct and indirect work) this sector can obtain unemployed – About 3.8 crore people – as a result of a coronavirus pandemic.
It was said that the Indian tourism industry stared at bankruptcy, closing business and mass unemployment.
More than RS 5 Lakh Crores Direct tourism industry and almost double the total risky economic activity is said to be said.
According to the Federation of Indian Hotel & Restaurant Association nearly half of all hotels and restaurants in the country have been permanently closed.
Airlines and airport operators struggle to survive.
Without entering tourism business, travel agents, tour guides and everyone connected with the travel sector face a difficult time.
The travel industry since last year had sought immediate assistance from the government.
Both the airline and operator of Indian airport before the second wave asked the resumption of foreign inbound tourism.
This is even being considered for travelers from Covid securities earlier this year.
But the second wave that destroys changes everything.
“The government’s proposal to provide a free tourist visa to the first 5 tourist lakh, as soon as the issuance of visa resumes, is the first step welcome that will help revive tourism in India, which has stopped since the beginning of the pandemic,” said Mandeeep S Lamba, HVS President Anarock ( South Asia).