Tourism stocks surged following FM's announced plans to develop 50 tourist destinations, focusing on spiritual and medical tourism to boost employment. Special emphasis will be placed on sites linked ...
The establishment of new tourist zones and the involvement of government institutions in implementing future tourism plans were key topics during a meeting between the Secretary to the President, Dr.
"We will focus on tourism for employment-led growth and Top 50 tourist destinations will be developed in partnership with states," Nirmala Sitharam said during the budget speech.
Shares of ITDC, ITC Hotels, and Lemon Tree rose by up to 8% on February 1, following the Finance Minister’s announcement of measures to enhance the tourism sector in the Budget speech.
Shares of hotels and tourism companies like Indian Hotels and ITC Hotels surged up to 10% in the special Budget session on Saturday as Finance Minister Nirmala Sitharaman unveiled a slew of measures ...