Tourism sector needs Centres urgent attention
While Covid-19 pandemic resulted in most sectors facing sizeable and immediate revenue loss, a few sectors including aviation, tourism and hospitality were badly affected by the pandemic. Though the Centre has announced some relief to the MSMEs, tourism and hospitality sector has virtually been kept aside though they happen to be one of the high revenues earning sectors. Ever since the lockdown 1 was announced, the tourism sector had suffered a sort of irrecoverable loss and despite several recommendations from the associations urging the government to come to their rescue, the government has not focussed its attention on this sector.
This sector has lost one season, the summer and are hoping against hope that the government would come up with necessary SoPs to push start the sector once again at least by October. This will be the only sector to suffer nine months adverse impact as March-October is the best time for them. Yet, the government did not deem it fit to focus its attention on tourism sector, association leaders aver. The associations rue that tourism supply chains have broken down in India across all its key inbound, domestic and outbound markets. The direct and indirect impact of Covid-19 on this industry is estimated to be over 10% of the GDP which in terms of money would be around Rs 20 lakh crore in India. This value covers the whole tourism value chain from airlines, travel agents, hotels, tour operators, tourism destinations restaurants, tourist transportation and tourist guides. Each of these segments of tourism is ...
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