IATO writes to PMO for formulation of survival plans for tourism industry

The Indian Association of Tour Operators (IATO) has written a letter to PM Narendra Modi for formulating survival and revival plans for the crisis-ridden tourism industry in the country. Fearing a huge impact of COVID-19 on the industry, the association has demanded a sectoral bail-out package. In its recommendations, IATO listed out several immediate relief measures required for survival on both short-term and long-term basis. Along with that, the association also listed out steps to be taken by government for revival of the industry post pandemic. The demands include measures such as enhanced value of SEIS to 10 %; extension of SEPC membership till 31st March 2021; payroll support for salaries; deferment of statutory loans and withdrawal of TCS among others.

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