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Budgetary allocation for the Tourism
Why is it in the news?
- As per a parliamentary panel, the move to cut down the budgetary allocation for the Tourism Ministry will ‘seriously jeopardise’ the targeted tourism outcomes during 2020-21.
More in the news
- In the Union Budget 2020-21, the Tourism Ministry has witnessed a reduction in allocation of funds due to “broad budgetary cuts imposed by the Ministry of Finance”.
- It has been allocated ₹2,499.83 crore as against its projected demand of ₹2,647.25 crore, leading to a shortfall of ₹147.42 crore.
Source
The Hindu.