Covid put a giant dent into the tenth of global economic output tourism accounts for. Countries are hoping to recover some of these losses from domestic travellers.
International visitors will be allowed only on resort islands and live-aboard boats as of 15 July; on 1 August, guest houses and hotels on inhabited islands will reopen.
Balangan Wave, a 50-villa resort under construction, has already hit the market, and developer Michael Halim has slashed his asking price to $9 million from $17 million in May.
At a meeting convened by Himachal Tourism secretary to explore ways to unlock the state, the hotel industry conveyed its unanimous decision to remain shut.
Informal sector predominates travel and tourism industry. Globally, as in India, about 80 per cent of the industry is composed of small and medium enterprises.
The year 2020 could be a complete washout for the travel and tourism industry in India if we don’t take immediate steps – not just to contain virus but also its impact on livelihoods.
The kinds of revisions we’re seeing remove the very skills that make historical thinking meaningful. The result is a citizen who either dismisses history entirely or defends it without support.
Indian toymakers are now exploring new markets, but they want govt to negotiate a trade deal with US soon, introduce incentives and subsidies to make the industry more competitive.
The project is meant to be a ‘protective shield that will keep expanding’, the PM said. It is on the lines of the ‘Golden Dome’ announced by Trump, it is learnt.
Now that both IAF and PAF have made formal claims of having shot down the other’s aircraft in the 87-hour war in May, we can ask a larger question: do such numbers really matter?
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