Budget: There was room for more direct support, says hospitality industry

The government has extended the ECLGS up to March 2023 and earmarked an additional Rs 50,000 cr for hospitality and related sectors

The hotel and industry associations said the extension of Emergency Credit Line Guarantee Scheme (ECLGS) is a welcome move and indicates that the government has acknowledged the distress in the hospitality and tourism sector. However, they expressed dissatisfaction over the extent of the support pointing out there was room to do more for a sector that has been severely battered by the three waves of the pandemic.  

The apex bodies have been engaged in hectic parleys with various government functionaries for relief for the last two years. As a run up to the budget, it also sent letters to the