Budget 2020 Live Updates: 2,500 crore rupees to be allocated for tourism promotion in 2020-21, announces FM

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Finance Minister Nirmala Sitharaman on Saturday announced Rs 2,500 crores for promotion of tourism in the year 2020-21.

“I propose to provide Rs 2,500 crores for promotion of tourism in the year 2020-21,” the Finance Minister said during her budget speech. She announced that an “Indian Institute of Heritage and Culture” will be established under the Ministry of Culture.

“Five archaeological sites to be developed as iconic sites with on-site museums – Rakhigarhi, Hastinapur, Shivsagar, Dholavira and Adichanallur,” the Finance Minister also said.

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