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www.expresstravelworld.com MONTHLY INSIGHT FOR THE TRAVEL TRADE
March 2006  
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    BUDGET SPECIAL
 

Mere lip service, no gains
Though the Finance Minister, P Chidambaram expressed that the Centre has recognised the tourism sector as an employment generator in his budget speech, his actions did not speak louder than his words, industry opined.

Priority on inbound and domestic tourism
The Union Budget 2006, for one did good by mentioning tourism and did one better by betraying the theme for the sector, at least for the impending fiscal. Incredibly, inbound and domestic tourism.

Rural tourism will bolster employment generation: Soni
Banking on the rich traditions of art, craft and culture in India's villages and aiming at the sustainable tourism development, the Union Budget 2006-07 has earmarked 50 villages in the country for tourism promotion.

Infrastructure investment activates new avenues for tourism advancement
Tourism, India's neglected child especially since the last three years, is gaining notability. Apart from an increase in plan allocation for tourism from Rs 786 crores last year to Rs 830 crores this year what is notable in budget 2006-07 is an increased emphasis on infrastructure development, which would have a direct impact on tourism.

Budget puts J&K, North Eastern states right on top
Jammu & Kashmir and the North Eastern states welcomed the Union Budget 2006-’07 for providing further assistance to boost infrastructure for tourism development in both regions.

Medical tourism: Right medicine, wrong dosage
In this Union Budget, the Indian healthcare industry was hoping for a major fillip to strengthen its foothold in the niche field of medical tourism.


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