Tag: StimulusPackage

The Central Government Counsel has sought more time to file a statement on the petition filed by Kerala Travel Mart Society and Kerala tour operators against the inaction of the Central government in announcing a financial stimulus package to the travel and tourism sector. The Kerala High Court after the first hearing of the petition on 21 DEC has observed the current plight of the stakeholders of the tourism industry and remarked that the sector requires urgent attention of the central government. The Counsel for the Central Government has said that since the matter involved policy decisions, more time is ... Read more

Despite the spike in COVID 19 infections, Asian superpower Japan plans to keep fund provisions to promote domestic tourism and dining out in its next stimulus package, according to a draft of the government’s upcoming stimulus package. There have been some concerns raised though, about the campaigns as there is a surge in the Covid cases. Japan’s economy has been gradually recovering from its worst post-war slump caused by the coronavirus earlier this year. But it is likely to take years before the economy returns to pre-pandemic levels. The draft stimulus package mainly aims to set up a fund to ... Read more