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Nitin gadkari: Govt committed to support travel & hospitality sector: Gadkari


Synopsis
The minister said the government s initiatives such as collateral-free automatic loans for business, including MSMEs, and Rs 50,000 crore-equity infusion through MSME Fund of Funds, which benefits companies with higher credit ratings, will generate tremendous business opportunities.
There s a huge potential for small hotel partners, agents to tap into this and look at expanding their offerings catering to the needs of tourists, he said.
MUMBAI: Infrastructure projects in the pipeline will help boost tourism as well as create opportunities for MSMEs, according to Union Minister for MSME and Roads, Transport and Highways Nitin Gadkari.
The infrastructural projects in the pipeline as part of the central government s plans have laid the foundation of AatmaNirbhar Bharat and will also boost domestic tourism in the country. Innovation is key to the revival of the travel and hospitality sector. ....

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