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Priority Sector Lending for tourism sought

The New Indian Express Vijayawada

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December 27, 2024

AP Chambers submits representation to RBI for unlocking tourism sector's potential to achieve $5 tn economy

- EXPRESS NEWS SERVICE @ Vijayawada

ANDHRA Pradesh Chambers of Commerce and Industry Federation (AP Chambers) has submitted a formal representation to Sanjay Malhotra, Governor of Reserve Bank of India, advocating for the inclusion of tourism in the Priority Sector Lending (PSL) framework.

AP Chambers highlighted the immense potential of the tourism sector to drive economic growth, create employment opportunities, and contribute significantly to foreign exchange earnings, while fostering inclusive development across the nation.

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