FM to announce fiscal pkg for hospitality at 4 pm

May 15, 2020 12:45

Finance Minister Nirmala Sitharaman is all set to announce the third tranche of the government's mega economic relief package today. The focus will be on the hospitality sector, including tourism and civil aviation, according to sources. The hospitality sector has been severely hit in the wake of the nationwide lockdown since March 25. With hotels, restaurants, pubs, mandatorily shut and travel by rail, road, air severely restricted to evacuation, the industry has urged the government to provide a stimulus package.

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