Mumbai: The assertion by FM that the pace of Remonetization has picked up good news for the cordial reception industry as the demand should get back to pre-8th November, 2016 level. I was expecting a concrete step to boost tourism and include this in overall infrastructure, but the more pressing issue for FM have dominated the budget and this particular segment shows to have escaped the attention of FM.
If I take a quote from FM, Service charges withdrawn through IRCTC would be considered a message to Hospitality industry and the government policy in time to skew along that line. I hope the FM initiative on Infrastructure would result that would help to boost tourism and hospitality.
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