Industry status

Rajasthan government grants industry status to tourism and hospitality sector

The Rajasthan government on Saturday granted industry status to the tourism and hospitality sector in the state.

According to an official statement, the Minister of Urban Housing Development and Local Self-Government, Shanti Dhariwal, issued a notification to this effect on Saturday.

In the budget announcement in February, Chief Minister Ashok Gehlot said the tourism and hospitality sector would be granted industry status.

The tourism sector in the state, like everywhere else in the country and around the world, has been badly affected during the coronavirus pandemic.

“The sector will greatly benefit from this announcement by the state government,” the statement released on Saturday said.

Granting industry status means that the electricity tariff and certain other taxes levied on tourism and hotel operators would be at the same level as other industries rather than at the much higher commercial rates.

Gehlot had said when announcing the budget that these concessions would lead to a financial burden of Rs 700 crore per year on the national treasury.

(Only the title and image of this report may have been edited by Business Standard staff; the rest of the content is auto-generated from a syndicated feed.)

Dear reader,

Business Standard has always endeavored to provide up-to-date information and commentary on developments that matter to you and that have wider political and economic implications for the country and the world. Your constant encouragement and feedback on how to improve our offering has only strengthened our resolve and commitment to these ideals. Even in these challenging times stemming from Covid-19, we remain committed to keeping you informed and updated with credible news, authoritative opinions and incisive commentary on relevant topical issues.
However, we have a request.

As we battle the economic impact of the pandemic, we need your support even more so that we can continue to bring you more great content. Our subscription model has received an encouraging response from many of you who have subscribed to our online content. More subscription to our online content can only help us achieve the goals of bringing you even better and more relevant content. We believe in free, fair and credible journalism. Your support through more subscriptions can help us practice the journalism we are committed to.

Support quality journalism and subscribe to Business Standard.

digital editor