Is tourism really an MSME?
An article of Mr. Jatinder Taneja was published in the magazine Trav Talk in Jul 2020 on the topic - Is tourism really an MSME?. Mr. Taneja expressed that "There is a confusion about ‘real’ and other benefits under the proposed guidelines. For instance, when banks are approached, they are unable to provide us with any help. Either understanding of the guidelines is absent on their part as well, or they are not coming forward. In both cases, the situation is not helping anyone. Also, for every loan being offered by the government, the high interest is being borne by the industry only. The conditions are such that the payment of interests would not prove to be a big help for anyone. What would have helped lift the industry at present would have been interest- free loans for a certain period or highly subsidised ones."