Active Stocks
Fri Apr 19 2024 11:35:39
  1. Tata Steel share price
  2. 158.85 -0.72%
  1. Tata Motors share price
  2. 949.05 -2.30%
  1. Infosys share price
  2. 1,400.65 -1.40%
  1. ITC share price
  2. 423.90 1.18%
  1. NTPC share price
  2. 345.50 -1.68%
Business News/ Politics / News/  Tourism sector to get infrastructure status soon: official
BackBack

Tourism sector to get infrastructure status soon: official

Tourism sector to get infrastructure status soon: official

Premium

Jaipur: The government will soon give infrastructure status to the tourism sector, enabling hotels to get cheaper loans for new projects, said a senior government official.

“Getting infrastructure status for the tourism industry is very near conclusion," Ministry of Tourism Secretary Sujit Banerjee said while speaking at the inaugural session of the 3-day “The Great Indian Travel Bazaar 2009" last night.

He said that tourist arrival will increase in the country very soon after it declined in recent months, especially after the Mumbai attacks in November last year.

He, however, declined to indicate a time-line for the industry to regain growth.

Foreign tourist arrivals have gone down by 10-12% since the attacks, he said.

The Ministry of Tourism is also working on a proposal for “single window clearance" for setting up new hotel projects.

“We are working on single window clearance for hotel projects in the country," Banerjee said.

While speaking at the session, The Lalit Suri Hospitality Group chairperson and managing director Jyotsna Suri said: “India is a key (tourism) destination and is still unexplored".

Unlock a world of Benefits! From insightful newsletters to real-time stock tracking, breaking news and a personalized newsfeed – it's all here, just a click away! Login Now!

Catch all the Politics News and Updates on Live Mint. Download The Mint News App to get Daily Market Updates & Live Business News.
More Less
Published: 20 Apr 2009, 01:21 PM IST
Next Story footLogo
Recommended For You
Switch to the Mint app for fast and personalized news - Get App