Indian Chamber urges govt to support home-stays

Our Bureau Kochi | Updated on September 25, 2019 Published on September 25, 2019

Indian Chamber of Commerce and Industry has requested the State Government to extendhelp to home-stays, which are being crushed between tax authorities and compliances.

Addressing the 122nd annual general meeting, the chamber president Madhusudan Gupta said that home-stays plays a pivotal role in tourism, which is a sunshine industry in Kerala. Home-stays was instrumental in bringing self employment. However, being a small entity, home-stays have its own challenges and the government needs to classify it separately, he said.

He also urged the Shipping Ministry to take steps to carry out transhipment of cargo from the prestigious ICTT at Vallarpadam. But for various reasons, transhipment of cargo is not really happening to the extent it had planned. Currently, the country is losing a lot of revenue doing transshipment at Colombo, he said.

Cochin Port Trust is most strategically located on the West Coast and has the potential to be the brightest star in the maritime map of India. The International transshipment terminal was set up keeping this in mind, he added.

Published on September 25, 2019

A letter from the Editor

Dear Readers,

The coronavirus crisis has changed the world completely in the last few months. All of us have been locked into our homes, economic activity has come to a near standstill. Everyone has been impacted.

Including your favourite business and financial newspaper. Our printing and distribution chains have been severely disrupted across the country, leaving readers without access to newspapers. Newspaper delivery agents have also been unable to service their customers because of multiple restrictions.

In these difficult times, we, at BusinessLine have been working continuously every day so that you are informed about all the developments – whether on the pandemic, on policy responses, or the impact on the world of business and finance. Our team has been working round the clock to keep track of developments so that you – the reader – gets accurate information and actionable insights so that you can protect your jobs, businesses, finances and investments.

We are trying our best to ensure the newspaper reaches your hands every day. We have also ensured that even if your paper is not delivered, you can access BusinessLine in the e-paper format – just as it appears in print. Our website and apps too, are updated every minute, so that you can access the information you want anywhere, anytime.

But all this comes at a heavy cost. As you are aware, the lockdowns have wiped out almost all our entire revenue stream. Sustaining our quality journalism has become extremely challenging. That we have managed so far is thanks to your support. I thank all our subscribers – print and digital – for your support.

I appeal to all or readers to help us navigate these challenging times and help sustain one of the truly independent and credible voices in the world of Indian journalism. Doing so is easy. You can help us enormously simply by subscribing to our digital or e-paper editions. We offer several affordable subscription plans for our website, which includes Portfolio, our investment advisory section that offers rich investment advice from our highly qualified, in-house Research Bureau, the only such team in the Indian newspaper industry.

A little help from you can make a huge difference to the cause of quality journalism!

Support Quality Journalism
This article is closed for comments.
Please Email the Editor
You have read 1 out of 3 free articles for this week. For full access, please subscribe and get unlimited access to all sections.