Union Budget 2025 enhances tourism with infrastructure, visa reforms, and skills
The Union Budget 2025 has prioritized tourism and hospitality, introducing measures to enhance global competitiveness. Key initiatives include the development of 50 tourist destinations, streamlined e-visas, and visa-free access for select international tourists, boosting inbound travel. The hospitality sector will benefit from new hotels being included in the infrastructure harmonized list (HML), offering favorable lending terms. The UDAN scheme will connect 120 more destinations, including helipads in the Northeast, promoting regional tourism. Additionally, the focus on the Buddhist Circuit opens opportunities for premium accommodations and curated travel experiences. The government also plans skill development through Institutes of Hotel Management (IHMs) and support for homestays via Mudra loans, empowering local communities. Industry leaders, including K Syama Raju and Sarbendra Sarkar, applaud these initiatives, noting the significant growth potential in India’s tourism sector, from medical tourism to regional connectivity, which will drive jobs, infrastructure, and overall economic growth
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