Ajay Bakaya, MD, Sarovar Hotels and Resorts has expressed displeasure over hospitality sector not accorded infrastructure status in the recent Union Budget. Bakaya said, “Our response to the Union Budget is mixed, as we are grateful for the government’s indirect benefits, such as the improved visa regime for foreign visitors and better infrastructure, including significantly improved roads, topnotch airports, and improving seaports. From an indirect infrastructure perspective, this is fantastic news. Additionally, the Finance Minister’s announcement of 50 new destinations with all necessary infrastructure and linkages is a significant boost to the hotel and hospitality industry. However, we are disappointed that we did not receive infrastructure status, which we have been advocating for a long time.”
