Budget 2024: Port Connectivity, Tourism Infra Will Be Enhanced on India’s Islands, Including Lakshadweep, Says FM – News18

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Budget 2024: Port Connectivity, Tourism Infra Will Be Enhanced on India’s Islands, Including Lakshadweep, Says FM – News18


Projects for port connectivity, tourism infrastructure, and facilities might be taken up on our islands, together with Lakshadweep. (Representative picture)

States might be inspired to take up complete improvement of iconic vacationer centres, branding and advertising and marketing them at world scale, says Finance Minister Nirmala Sitharaman in her Budget Speech 2024

To deal with the rising fervour for home tourism, Finance Minister Nirmala Sitharaman on Thursday mentioned initiatives for port connectivity, tourism infrastructure, and facilities might be taken up on our islands, together with Lakshadweep.

This will assist in producing employment additionally, mentioned the finance minister in her Interim Budget Speech 2024.

“States will be encouraged to take up comprehensive development of iconic tourist centres, branding and marketing them at global scale. A framework for rating of the centres based on quality of facilities and services will be established. Long-term interest-free loans will be provided to states for financing such development on matching basis,” she added.

The finance minister additionally mentioned the success of organising G20 conferences in 60 locations offered variety of India to world viewers. Our financial

energy has made the nation a lovely vacation spot for enterprise and convention tourism. “Our middle class also now aspires to travel and explore. Tourism, including spiritual tourism, has tremendous opportunities for local entrepreneurship.”

Tejinder Gupta, associate and chief (tourism & hospitality business) of Grant Thornton Bharat, mentioned, “Tourism, including spiritual tourism, has adequate opportunities for promoting enterpreneurship. Long-term finances will be made available to the states to finance tourism, which will attract the inflow of both local and foreign tourists.”

He added that the promotion of non secular tourism and home tourism is India’s means of constructing tender energy by reinforcing the Indianness amongst the Indian diaspora internationally. This is an effective way of constructing diplomatic energy in a multi-polar world.



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