homeeconomy NewsNirmala Sitharaman announces 5 lakh free tourist visas, package for tourism sector

Nirmala Sitharaman announces 5 lakh free tourist visas, package for tourism sector

Sitharaman said the free tourist visa scheme will be applicable till March 31, 2022, or till 5 lakh visas are issued

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By CNBC-TV18 Jun 28, 2021 6:55:10 PM IST (Updated)

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Nirmala Sitharaman announces 5 lakh free tourist visas, package for tourism sector
Finance Minister Nirmala Sitharaman on Monday announced that once the government starts issuing visas again, first 5 lakh tourist visas will be given free of cost.

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She said the free tourist visa scheme will be applicable till March 31, 2022, or till 5 lakh visas are issued. "Everyone will get free tourist visas." The finance minister said this will have a great incentivising impact on those short-term tourists who come in for just a month.
MoS Anurag Thakur said a person can take benefit of free visa scheme only once.
Addressing a press conference, the finance minister also said that financial support will be proved to more than 11,000 registered tourist guides/travel and tourism stakeholders.
"Working capital/personal loans will be provided with a 100% guarantee to people in tourism sector." "No processing charges, waiver of prepayment charges."
Working capital or personal loans will be provided to the people, affected by the COVID-19 pandemic, to restart their businesses and discharge their liabilities.
Sitharaman also announced various other schemes to combat the impact of COVID-19. She presented a stimulus package of Rs 6,28,993 crore to support the Indian economy in the fight against the pandemic.
"Rs 10 lakh loan for Travel & Tourism Stakeholders announced by Finance Ministry is a big booster; likewise, Rs 1 lakh economic relief will be a great support as well. It will help things to get back on track," hotel owner Chander Mohan Sharma from Shimla, Himachal Pradesh, told ANI.

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