Business Standard

Rajasthan govt accords industry status to tourism & hospitality sector

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

Rajasthan Chief Minister Ashok Gehlot addresses the media after presenting the state Budget 2022-23 in the Assembly, in Jaipur (Photo: PTI)

Press Trust of India Jaipur
The Rajasthan government Saturday accorded industry status to the tourism and hospitality sector in the state.
According to an official statement, Urban Housing Development and Local Self Department Minister Shanti Dhariwal issued a notification to this effect on Saturday.
In the budget announcement in February, Chief Minister Ashok Gehlot had said the tourism and hospitality sector will be granted industry status.
The tourism sector in the state, like everywhere else in the country and the world, was severely affected during the coronavirus pandemic.
"The sector will be greatly benefited by this announcement by the state government," the statement issued on Saturday said.
The grant of industry status means that electricity tariff and some other taxes levied on tourism and hospitality operators would be at par with other industries rather than at the much-higher commercial rates.
Gehlot had said during the budget announcement that these concessions will bring a financial burden of Rs 700 crore a year on the state exchequer.

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

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First Published: May 29 2022 | 8:39 AM IST

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