Budget 2026 Proposes National Institute of Hospitality to Boost Skills, Service Quality
Budget
M
Moneycontrol•01-02-2026, 15:56
Budget 2026 Proposes National Institute of Hospitality to Boost Skills, Service Quality
- •Industry leaders welcome the proposed National Institute of Hospitality in Budget 2026 as a transformative step for talent development.
- •The institute aims to upgrade NCHMCT, creating a world-class talent pipeline aligned with industry needs and fostering future-ready professionals.
- •Experts believe it will enhance service standards, support local economies, and create dignified livelihood opportunities, especially for international tourism hubs like Goa.
- •The initiative is expected to bridge the gap between theoretical learning and practical hospitality business realities, benefiting cities like Pune and Mumbai.
- •Concerns remain regarding unresolved issues like high GST on premium rooms, lack of Input Tax Credit for budget hotels, and the absence of comprehensive infrastructure status for the industry.
Why It Matters: Budget 2026's proposed National Institute of Hospitality is a crucial step for skill development and service quality.
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