Department of Expenditure to release over Rs2,000 cr for SEIS this financial year

Arvind Singh, Secretary, Ministry of Tourism, has said that after considerable follow-up from all sides, even from Ministry of Commerce, the Department of Expenditure has said that they will release over Rs2,000 crore for SEIS in this financial year and a new budget has to be created. “The formalities have to be worked out, after which the amount will reach beneficiaries,” he shared.