As India gets ready to know the resources allocated for different industries during Budget 2024, they hope for changes in the GST framework to support businesses. They also highlight the need for more schemes and provisions for women-led businesses and job profiles
Image for representational purposes only. Photo Courtesy: iStock
The announcement of India’s Interim Budget 2024 day is almost here and with that buzz around what will be prioritised this year is at its all time high. Even as different industries have a lot of expectations, food business professionals feel they need to be heard, especially in a post-pandemic world, where nothing is like it used to be ever before as they were among the worst hit. “The restaurant industry is a vital contributor to the national economy, generating over 7.20 million direct- jobs and boasting an annual turnover of around Rs 4.23 lakh crore. Despite being one of the sectors hit hardest by the pandemic, the industry has displayed resilience and is on a steady path to recovery,” says Pranav Rungta, co-founder and director of Nksha restaurant, which opened less than a year ago in Churchgate; he is also vice president of National Restaurant Association of India (NRAI) Mumbai.
Subscribe today by clicking the link and stay updated with the latest news!" Click here!
