Finance Minister meets with travel, tourism, and hospitality sectors to discuss banking-related concerns

As a part of the Atmanirbhar Bharat Abhiyaan package announced in May 2020 to provide relief to micro, small, and medium-sized businesses hit the hardest by the pandemic, the budget was proposed to extend the ECLOS by one year until March 2023

Finance Minister meets with travel, tourism, and hospitality sectors to discuss banking-related concerns

Finance Minister Nirmala Sitharaman met with members from the travel, tourism, civil aviation, and hospitality ministries on Friday to discuss credit difficulties.

Nirmala Sitharaman tweeted, “Along with the FM, the meeting was also attended by MoS Finance Shri Dr. Bhagwat Kishanrao Karad; Finance Secretary; Secretaries for Financial Services, Economic Affairs & Revenue; chiefs of PSBs & IBA, besides senior officials from Ministry of Finance."