Travel & Hospitality Body Requests Government For Waivers To Revive Tourism In India:
Travel & Hospitality Body Requests Government For
Waivers To Revive Tourism In India:
A Travel, Hospitality and F&B collective by Entrepreneur’s Organisation (EO)
has requested the government to provide GST waivers among other
demands to revive tourism in India. In a Nine-Points Demand Letter,
the body shall be requesting the government for immediate survival measures
to prevent mass bankruptcy and crores of unprecedented layoffs in the
hospitality and travel sector that normally contributes to almost 10% National
GDP, due to the crisis triggered by the COVID-19 pandemic.
Drafted in consultation with top industry leaders, the letter requests
an immediate rebate to save over half a million crore tourism industry
and over 13 crore job losses associated directly and indirectly with the industry.
The following are the demands presented by the Travel & Hospitality
collective to the government for consideration:
Deferment of all statutory liabilities for a period of 12 months.
Deferment of Loan EMI for the period of 12 months
and restructuring of the loan.
Waiving the property taxes for the financial year 2020-21.
Grant/Permit to use the GST collected for a period of 12 months.
Subsidies employment for 3 months by government contribution
per employee of 50% of the salary.
To restructure and give a discount on taxes applicable
to the customer for a period of 1 year that they will have some comfort.
To reduce the Visa cost to 50% and allow for Visa on arrival.
To consider restructuring the MSME act towards the hotel
business to achieve the advantage of the 20lakh crores
package as announced recently.
To give waiver in MSEDCL/Power bill for over a period of
three months and later to think about a discount in
tariff for a year period.
Since the lockdown, the Travel, Hospitality, and F&B body of
Entrepreneur's Organisation India are been requesting for Tourism
Aid & Restructuring Package (TARP) with various government
authorities including the Tourism Minister, Chief Ministers of all the States,
Tourism Secretaries, and CEO of NITI Ayog.
The organization has also released a moving video titled ‘TheHospitality
Needs’ requesting the government’s attention to the issue of the
troubles in the tourism industry.
The video can be watched here: The Hospitality Needs.
From Team,
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