The Indian hotel industry has taken a hit of over ₹1.30 lakh crore in revenue for the fiscal year 2020-21
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The hospitality sector in India is eagerly waiting for Finance Minister Nirmala Sitharaman to announce immediate measures to support the pandemic-battered industry. Hotel bodies are asking for a loan moratorium with low interest, tax holidays, to infra status for the sector in Union Budget 2022.
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