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Govt announces 500,000 free visas, loan guarantee scheme for travel sector

The scheme will benefit 11,000 stakeholders including 904 tour operators and 10,700 tourist guides, FM says

Finance Minister Nirmala Sitharaman
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Photo: PIB India

Aneesh Phadnis Mumbai
The Centre today announced free visas for 500,000 tourists and a loan guarantee scheme to support recognised tour operators and tourist guides whose business has been disrupted due to Covid-19 pandemic.

Free visas will be issued once the government reopens borders for leisure tourists and working capital or personal loans will be provided to travel firms and registered tourist guides to discharge liabilities and restart their business.

The scheme will benefit 11,000 stakeholders including 904 tour operators and 10,700 tourist guides, union finance minister Nirmala Sitharaman said. Loans of Rs 10 lakh and Rs one lakh with hundred percent guarantee

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First Published: Jun 28 2021 | 8:47 PM IST

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