Post Budget Reactions from Hospitality Leaders
Mr. Nandivardhan Jain, CEO & Founder, Noesis Capital Advisors
The Union budget has shown positive signs for the Hospitality, Travel, and Tourism industries, the Union Finance Minister Nirmala Sitharaman has encouraged the states to set up a 'Unity Mall' in...
Post- budget quote from Mr Sarbendra Sarkar, Founder, Cygnett Hotels and Resorts
New Delhi, February 01, 2022: Extension of ECLGS scheme with additional allocation for the hospitality sector is a welcome move. As we all are aware the hospitality sector has been one of the hardest hit sectors because of COVID....
Budget Reaction of Mr. Vineet Verma Executive Director & CEO, Brigade Hospitality
New Delhi, February 01, 2022:Hospitality & Tourism sectors have most regrettably been given the short shrift in the Union Budget 2022-23. Except for the extension of ECLGS till March 2023, there is no other announcement that could have provided...
Some relief but there was opportunity for more support for stressed tourism: FAITH
Mumbai, February 01, 2022: FAITH, the policy federation of all the national associations representing the complete tourism, travel and hospitality industry of India (ADTOI, ATOAI, FHRAI, HAI, IATO, ICPB, IHHA, ITTA, TAAI, TAFI) has said that more direct &...
Post budget reaction from Kush Kapoor, CEO , Roseate Hotels and Resorts.
New Delhi, February 01, 2022: The hospitality industry has been severely battered by three consecutive Covid 19 induced waves over last two years. The extension of ECLGS moratorium extention by one year for the hospitality sector will come as...
Budget Views Madhavan Menon, Managing Director, Thomas Cook India Group
New Delhi, February 01, 2022: The Union Budget 2022-23 reflected a development and investment orientation, with much needed emphasis on infrastructure, technology, skill development and health.
From a Travel & Tourism perspective however, the Union Budget has been disappointing. The...
Post-Budget Reaction by Mr. Manish Khandelwal, Commercial Director- India, Wavin
New Delhi, February 01, 2022: “With the growing demand for housing and development, we are happy with the increased attention and budget allocated towards overall infrastructure of the country by the Honorable finance minister in her budget speech today....
Budget Views Nandini Taneja, Vice President, Reach Pro Group
New Delhi, February 01, 2022: "The Union Budget demonstrates a strong commitment to urban growth via sustainable living and better governance. The establishment of a high-level committee for urban planning is a crucial move in the FY22-23 budget to...
Union Budget Views FY22-23 Mr. Vishal Suri, Managing Director, SOTC Travel
New Delhi, February 01, 2022: The Union Budget 2022 presented by Hon’ble Finance Minister provides the much needed positivity with focus on infrastructural development, digital enhancements, and healthcare. The Prime Minister’s PM Gati Shakti plan focusing on roads (25,000kms...