Budget 2026: Tourism Industry Demands More Funds for 'Incredible India' Global Promotion

Lifestyle
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Moneycontrol•16-01-2026, 15:54
Budget 2026: Tourism Industry Demands More Funds for 'Incredible India' Global Promotion
- •The tourism industry is urging the government to allocate more funds in Budget 2026 for global promotion of 'Incredible India' to boost foreign tourist arrivals and generate jobs.
- •Overseas promotion and publicity budget was drastically cut from Rs 33 crore in FY25 to Rs 3 crore in FY26, hindering international marketing efforts.
- •Proposals include establishing an 'India Tourism Promotion Board' and prioritizing international marketing in long-haul and emerging source markets.
- •The industry also seeks simplified Tax Collected at Source (TCS) rates, suggesting a universal 1 percent rate instead of the current multi-tier structure (5% and 20%).
- •Emphasis is also placed on improving infrastructural connectivity, expanding airports, enhancing rail travel, and modernizing skill development in tourism with AI-integrated modules.
Why It Matters: Tourism industry seeks significant budget increase for global promotion and policy reforms to boost foreign arrivals.
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