The West Bengal Government Coming in Between the Flourishing of the Upmarket Hotels in Kolkata!
The Indian hospitality industry has seen a major hike in the recent times owing to the astounding industrial growth of the country. The growth in the IT sector has also hugely led to the revolving fortunes of the metros and major cities of the country. Offshore business flowing in and the eagerness of the MNCs to come up in India has led to the obvious growth of the hospitality sector also. Most of the big names in the hospitality industry from India and abroad have their properties in the important commercial hubs of the country. However, surprisingly, the hospitality industry is not that vigorously promoted in one of the most important metros of the country, Kolkata. In the past decade Kolkata has also seen major industrial growth. But unfortunately, the West Bengal state Government hasn’t shown much inclination towards the development of the hospitality industry of the state in general and the http://www.fortunehotels.in/HotelResort/main.aspx?ID=ER0HGYxmI4Z8U8gcrxEdtA==&PType=6FrpaFUg4tzWXwacpHoKmg== hotels in Kolkata in particular. Inspite of the repeated appeals from the Hotel and Restaurant Association of Eastern India, the state government hasn’t come up with steps that would boost the growth of the hospitality industry. Most of the suggestions and appeals made by the Association have gone unheeded. On the contrary, the state government increased the luxury tax payable by the air conditioned budget hotels in Kolkata and the ones in the rest of the state by a whopping 650%. Change in excise duties, reduction in the bar license renewal fee etc have also not been worked upon. In one word, the government seems to be underestimating the need to strengthen and boost the hospitality industry in the wake of unprecedented industrial growth. With proper etching out of the taxes and fees payable by the hotels of the state, the state government can make the business hotels in Kolkata and other renowned hotels of the state bring in huge profits for the state.