FAITH proposes six-step Tourism Aid & Restructuring Package (TARP) to government

The Federation of Associations in Indian Tourism & Hospitality (FAITH) has proposed a Tourism Aid & Restructuring (TARP) Package to the Tourism Minister to seek specific measures for Indian Tourism from the Prime Minister and from the Finance Minister. In a document released by FAITH, the association shares that TARP is a comprehensive six steps plan, which addresses both supply and demand measures. The association released the six-step guideline after the tourism industry did not find any mention in the stimulus package announced by the Government. The six steps, in brief, are: Tourism Fund, Option of a Drawdown against Income Tax & GST, Tourism Tax & Statutory Holiday for FY 2020-21, RBI Support, Specific stimulus to different segments of Indian tourism, Agenda for National Tourism Task Force