The Kerala tourism industry, which brought in more than Rs 45,000 crore and contributed around 12% to the State GDP in 2019, is reeling under heavy losses during the Covid pandemic and was in for more shock when the state budget made a fresh allocation of a mere Rs 30 crore.
Kerala’s new Finance Minister K.N. Balagopal, while presenting the revised budget for 2021-22 on Friday, has made two allocations - Rs 50 crore for marketing, and Rs 30 crore for rejuvenation of the industry which is in doldrums.