The fifth round of consultations on the upcoming Budget with Finance Minister Nirmala Sitharaman and top government officials focused on employment generation. It also talked of steps to spur consumption in the economy besides a push for factor market reforms to boost growth.
Prominent industry associations such as the Confederation of Indian Industry (CII) and the Associated Chambers of Commerce and Industry of India (Assocham) have called for granting infrastructure status to the hotel and tourism sector. This, they said, will help the hospitality sector attract foreign investment and reduce borrowing costs. This, in turn, would enhance employment opportunities across the country.
This story is from the December 31, 2024 edition of Business Standard.
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This story is from the December 31, 2024 edition of Business Standard.
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