Echoing positive sentiments, Mr. Garish Oberoi, President of HRANI, welcomed the introduction of interest-free loans and quality ratings, foreseeing a reshaped tourism landscape. Commending the government's commitment to connectivity development, he noted its positive impact on economic growth and job creation. The interim budget's focus on MICE, religious tourism, iconic centers, and domestic tourism aligns with industry goals. We appreciate the boost in the budgetary allocation for the tourism ministry, which has been increased to
Rs 2,450 crore in the fiscal year 2024-25. This marks a significant rise of 44.7 percent compared to the revised figure for the current financial year, which stood at Rs 1,692 crore. We are optimistic that the full budget include rationalizing GST, granting infrastructure status, and central clearance for hotel projects, streamlining regulatory processes for unprecedented sector growth.