India’s tourism players seek financial relief from government

Posted by On March 25, 2020 0 Comment

The Federation of Associations in Indian Tourism & Hospitality (FAITH), a conglomeration of ten national hotel and tourism bodies, has sought the assistance of India’s prime minister Narendra Modi to weather the financial fallout from the Covid-19 pandemic.

The association also requested a support fund for 12 months to help cover basic salaries, with “direct transfers” to affected tourism employees.

The Indian government, which has already banned international flights for a week from Sunday, has also indefinitely suspended domestic commercial flights from March 25.

Sarbendra Sarkar, founder and managing director, Cygnett Hotels and Resorts, added: “While we are grateful to the government for proactively taking effective measures to contain the virus from spreading rapidly, we are hoping that they will introduce new policies to revive the hospitality industry. What would really help us is a cut in the current GST rates and a tax-free period.”

MMP
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