Chiranjeevi seeks more funds from Finmin

Image
Press Trust of India New Delhi
Last Updated : Mar 22 2013 | 6:20 PM IST
Seeking higher budgetary allocation for expansion of tourism infrastructure, Tourism Minister K Chiranjeevi today called on Finance Minister P Chidambaram and pressed for assistance for setting up convention centres across the country.
The Tourism Minister requested the Finance Minister for additional allocation for the Ministry to set up 10 convention-cum-exhibition centres for the promotion of MICE (Meetings, incentives, conferencing, exhibitions) tourism.
The Finance Minister sought more details from the Tourism Ministry about these convention centers and promised to look into the request, said a senior Tourism Ministry official.
The Ministry has got Rs 1297.66 crores as budgetary allocation in the 2013-14, Rs 87.66 cr more than the last fiscal.
Highlighting the importance of tourism sector, Chiranjeevi said it contributes more than 6 per cent of the GDP of the country, more than 10 per cent of organised employment in the country and about USD 18 million in foreign exchange.
*Subscribe to Business Standard digital and get complimentary access to The New York Times

Smart Quarterly

₹900

3 Months

₹300/Month

SAVE 25%

Smart Essential

₹2,700

1 Year

₹225/Month

SAVE 46%
*Complimentary New York Times access for the 2nd year will be given after 12 months

Super Saver

₹3,900

2 Years

₹162/Month

Subscribe

Renews automatically, cancel anytime

Here’s what’s included in our digital subscription plans

Exclusive premium stories online

  • Over 30 premium stories daily, handpicked by our editors

Complimentary Access to The New York Times

  • News, Games, Cooking, Audio, Wirecutter & The Athletic

Business Standard Epaper

  • Digital replica of our daily newspaper — with options to read, save, and share

Curated Newsletters

  • Insights on markets, finance, politics, tech, and more delivered to your inbox

Market Analysis & Investment Insights

  • In-depth market analysis & insights with access to The Smart Investor

Archives

  • Repository of articles and publications dating back to 1997

Ad-free Reading

  • Uninterrupted reading experience with no advertisements

Seamless Access Across All Devices

  • Access Business Standard across devices — mobile, tablet, or PC, via web or app

More From This Section

First Published: Mar 22 2013 | 6:20 PM IST

Next Story