Business Standard

Need govt support, specific incentives for services sectors: Exporters

SEPC says travel, tourism and hospitality sectors need govt support

Services activities shrink in May for the second time in four months: PMI
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Service Exports from India Scheme (SEIS) is the only central incentive scheme that has been rolled out in six years.

Shreya Nandi New Delhi
The government is likely to look into the services industry's demand for sector-specific incentives for exporters, especially the travel, tourism and hospitality sectors that have been badly hit since the outbreak of the pandemic two years ago.

Sunil H Talati, chairman, Services Exports Promotion Council (SEPC), told Business Standard that top officials from the department of commerce have asked the council to come up with sector-specific recommendations, as not all sectors would require support. The government also made it clear that no incentives will be given to the IT sector as its growth is already on an upswing.

“The government has asked

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First Published: Feb 26 2022 | 6:10 AM IST

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