Budget 2026: Sitharaman Boosts Tourism with Major Announcements
Budget
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Moneycontrol•01-02-2026, 15:30
Budget 2026: Sitharaman Boosts Tourism with Major Announcements
- •Finance Minister Nirmala Sitharaman presented her ninth consecutive budget, emphasizing the tourism sector's potential for employment and foreign exchange.
- •A National Institute of Hospitality will be established by upgrading the existing National Council for Hotel Management and Catering Technology.
- •A pilot scheme will train 10,000 professional tourist guides in tourism hubs, with support from IIMs.
- •Eco-friendly mountain trails will be developed in Himachal Pradesh, Uttarakhand, Jammu and Kashmir, Araku Valley, and Pothigai Malai.
- •Seven high-speed rail corridors will be developed to connect major cities, acting as 'growth connectors' for sustainable passenger systems.
Why It Matters: Budget 2026 prioritizes tourism development through infrastructure, skill training, and connectivity to boost economy.
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