Post Budget Quote From Vishal Kamat, Executive Director of Kamat Hotels India Limited (KHIL) and Chairman CII Maharashtra State
/
"The 2024 budget is notably employment-oriented, addressing the needs of various workforce segments, from those starting from scratch to those in mid and lower-level positions. The adjustments in income tax will provide additional income, bridging the gap between employers and employees' capabilities, which will significantly benefit the workforce.
The emphasis on temple tourism in the budget is commendable. We have witnessed the grassroots impact of such initiatives, benefiting everyone from tea vendors to local grocers when we recently opened our first Ira by Orchid Hotels in Ayodhya. Expanding these efforts to other sacred sites like Kashi Vishwanath and Ayodhya can help uplift entire communities, ensuring that every individual in these holy regions reaps the benefits.
The announcements for MSMEs are also expected to positively impact the overall industry. This budget is a significant step towards fostering employment and economic growth, and we are eager to explore its full implications."
