Budget Reaction Quote from Mr. Davinder Juj, General Manager, Eros Hotel New Delhi

We applaud the forward-thinking measures outlined in Union Budget 2024, particularly the interest-free loans for states to enhance their tourism hubs, attract business, and create entrepreneurship and employment opportunities for locals.

The proposed port connectivity and infrastructure improvements for the island and other attractive location accessibility in the country will motivate families and young tourists to opt for domestic travel. This step will further strengthen the hospitality industry and the travel and tourism sector will grow rapidly in the country.

Overall, being an interim budget, Union Budget 2024 was balanced and I expect the recommendations made for direct and indirect taxes will empower the middle class to spend the money on leisure and travel more.”