TIWN
Mumbai, Aug 12 (TIWN) The country's apex hospitality body, the Federation of Hotel & Restaurant Associations of India (FHRAI) has expressed disappointment that a Rs 60,000 crore package announced in June by Union Finance Minister Nirmala Sitharaman has yet to be notified by the Centre.
In a representation to Sitharaman, the FHRAI has sought her intervention to set in motion the Rs 60,000 crore sanctioned under the ‘Loan Guarantee Scheme’ for Covid-hit sectors, as announced by her on June 28, said FHRAI Vice President Gurbaxish Singh Kohli. “Over a month has passed but it is not notified, neither the operational guidelines nor other details have been revealed by the Finance Ministry. However, a similar scheme for the health sector has already been notified and necessary guidelines have been announced,” he said.
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