Sharing his expectations from the upcoming Union Budget, Mr Vishal Suri, Managing Director, SOTC Travel Says:
“We look forward to the Union Budget 2021 bringing in concrete measures that target revival of the economy and boosting consumer sentiment/consumption. The Travel & Tourism sector is a vital contributor to the country’s GDP and a significant employment generator.
“With a focus on the domestic tourism sector in the current era of travel there is strong potential to develop smaller cities/towns in India for tourism in line with Honourable Prime Minister’s vision of being Atmanirbhar Bharat and further strengthen Make in India. This will also give a boost to local communities.
“We hope to see proactive reforms, supportive policies and budgetary allocation, with an immediate waiver of TCS for the tourism sector – critical in stimulating demand.”