Economic News-Four Crore Jobs Hangs in Tourist travel and Hospitality,In India

According to the latest economic new report-Corona epidemic has created a crisis on all types of businesses.

As mentioned in the latest economic news, the worst damage to tourist, travel and Hospitality sectors.

Key Essentials

⇨1 crore employees of this business employing 5.5 crore people in the country are unemployed and 3 crore people are on the verge of being unemployed.

⇨India has the most damage in the world, because, in the rest of the world, relief packages have been given by the government, Under the job scheme, the government is paying salaries and all types of taxes have been waived.

⇨Tourist gives more than 4 crore jobs in the country According to the World Tourism and Travel Council, 4.2 million jobs were created in the tourist sector in India in 2018-2019, which is 8.1% of the total employment.

⇨According to the latest economic updates The government will have to bring a separate fund to save this industry. Different steps will have to be taken as per the status of Indian hotels, resorts, travel agents, tour operators and tourist transport by the government.