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Data collection, regional disparities in opportunities, investments, a major challenge for hospitality sector: CII-EY
The Business Guardian
|December 23, 2024
Data collection, regional disparities in opportunities, investments and capacity building are the major challenges the domestic hospitality sector faces, according to a recently released report by The Confederation of Indian Industry (CII).
The report, brought out in collaboration with Ernst & Young India (EY), said that the limited availability of comprehensive data regarding employment trends, workforce dynamics and skills requirements poses a challenge for effective policymaking and planning within the industry.
The lack of accurate data leads to underreporting of the industry's contribution to national employment statistics, which could diminish investment and policy focus, the report added.
It further added that factors such as informal employment, lack of standardization across states, and seasonal and regional variations have impacted the collection of data.
This story is from the December 23, 2024 edition of The Business Guardian.
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