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Rs. 100-crore allocation
Government all set to woo local and foreign tourists in a big way
 INDIA , 13-March-2007  4:17:19 AM
The Government is expected to give a big boost to tourism in the budget to be placed before the Legislative Assembly on Friday. The State is all set to compete with the neighbouring States of Goa and Kerala in wooing both local and foreign tourists.

Sources in the Secretariat told The Hindu that that the Government has plans to double the allocation made to the tourism sector — from Rs. 50 crore allocated this current year to over Rs. 100 crore for the coming financial year. Until last year, the tourism sector in the State had remained neglected with a measly budgetary allocation resulting in the poor maintenance of tourism spots and lack of infrastructure.

The State would be divided into at least four regions for the purpose of developing tourism. These are the coastal belt, the Uttara Kannada region which is rich in flora and fauna, the Hampi region inclusive of the Badami caves, Aihole and Pattadakal, and the Mysore region inclusive of Bangalore. The Government has plans to draw the attention of private tourism operators and hotels and a beginning would be made to elicit their views on the ways and means of improving the tourism infrastructure.

Loan waiver

It was mentioned that the budget, as promised by Chief Minister H.D. Kumaraswamy and Deputy Chief Minister B.S. Yediyurappa, would contain specific details on the farm loan waiver. It would, however, not be a general waiver of all farm loans and would, in all likelihood, have a cap of Rs. 20,000. The small farm loans obtained during the year would be waived along with the interest. As such, farmers across the State have stopped repaying all farm loans over the past three months. On the other hand, fresh loans are not being given to farmers.

Incidentally, it was Mr. Yediyurappa (in the last budget) who had announced a subsidised interest rate of four per cent on all farm loans.

From : http://www.thehindu.com  

Posted By : DesiZip.com

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