Tuesday, January 21, 2025 The Federation of Hotel and Restaurant Associations of India (FHRAI) has outlined its key expectations for the upcoming Budget 2025-26, urging the government to implement transformative reforms to address the pressing challenges within the hospitality and tourism sector. According to FHRAI, such reforms are critical for driving increased investment, generating employment opportunities, and bolstering the overall economic growth of this vital industry. The organization emphasizes that targeted policy interventions could unlock the sector’s potential, making it a significant contributor to the nation’s GDP and a catalyst for inclusive growth.
Among its primary recommendations, FHRAI strongly advocates for the government to grant infrastructure status to hotel and convention center projects that involve investments starting from ₹10 crore. This move, it argues, would enable easier access to funding, lower borrowing costs, and attract long-term investments, ultimately enhancing the competitiveness and sustainability of the sector. By addressing these core issues, FHRAI believes the government can pave the way for a more resilient and dynamic hospitality landscape, better equipped to meet domestic and international demands.
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