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New Delhi |5 months ago
Including hotels, convention centres in infra sub-sector hailed
Tuesday, 22 October 2013 | http://www.nerve.in/news:2535001666553 | channel: India
"The inclusion of convention centres will aid in setting up niche products in tourism having year-round business and overcome the bane of seasonality, it said."
 
New Delhi, Oct 22 - Tourism Minister K. Chiranjeevi Tuesday welcomed the move to include hotels and convention centres with a project cost of more than Rs.2 billion and Rs.3 billion, respectively, in the list of infrastructure sub-sectors.

The inclusion of hotels and convention centres in the master list of infrastructure sub-sector is equivalent to granting infrastructure status to the hospitality industry.

This will have an immediate multiplier effect on the overall economic development and help generate employment in the country, a tourism ministry release said here.

The inclusion of convention centres will aid in setting up niche products in tourism having year-round business and overcome the bane of seasonality, it said.

The release quoted the minister as saying he met Finance Minister P. Chidambaram in this connection.

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