| General |
| Budget Reaction Quotes - Travel Experts- TIRUN, Travelyaari And Travkart.com |
Mrs. Ratna Chadha, Chief Executive, TIRUN, an exclusive India representative of Royal Caribbean Cruises Ltd. "The union budget we hope will have a positive impact on the tourism industry which is a great employment generator, resulting in a significant multiplier effect on the economy. We are happy to see infrastructure development at airports in tier 2/3 cities, as most of the aspirational India resides here. As Indian representative for Royal Caribbean Cruises Ltd., we want to cater to Indians who aspire to explore the world differently."
Mr. Aurvind Lama Co-founder CEO of Mr. Lama, Travelyaari " A lot was expected from this year Union Budget, not all but we are happy to see few of them being fulfilled .The union budget presented bought in progressive outlook with due importance given to infrastructure development and tech development. The investment proposed in building National Highways along with developing road network is a welcome step especially for player like us in bus industry. This infrastructural development will greatly benefit the travel and tourism. Focus on improving internet and broadband connection in rural areas will go a long way to digitize cashless economy and connecting them to the main stream. The governments focus on inclusion and encouragement of the MSME sector along with Startups is also visible. Profit linked deductions to 3 years out 7 will be helpful for emerging startup players."
Mr Gursahib Singh Sethi, Co-Founder, Travkart.com "The budget will be a soothing balm for economy and tax payers. Further to the announcement for increase in railway connectivity to the remote areas and upgradation of airports in Tier 2 cities, a huge number of people will be able to travel smoothly from Tier 2 and Tier 3 cities. The high speed internet connectivity in rural areas will be the biggest advantage to them. This will help them to do more purchasing and online bookings. We are expecting more travel coming ahead. Along with this, reducing the income tax to 5% for the people having an earning bracket of 2.5 lac -5 lacs, it will be a crucial factor in their saving. This will increase their budget to travel and will also motivate youngster and young entrepreneurs to pay taxes."