CM Trivendra Singh Rawat said that the decisions taken by the Union government to boost the economy will largely help the Himalayan state. Rawat said that in the last one year, the state government has received investments worth over Rs 17,000 crore and the positive steps taken by the Narenda Modi-led government will improve the prospects for Uttarakhand.
“The slash in GST rates will help tourism and service-based industry of Uttarakhand. Now GST for hotel rooms in the range of Rs 2,500 to Rs 7,000 has been brought down from 18% to 12% and for hotel rooms of over Rs 7,500 the GST has been brought down from 28% to 18%,” he said, adding that Uttarakhand sees a high number of tourist footfall each year. “This will help tourists as well as people involved in the hotel industry. The move will open doors to start new hotels in the state,” added the CM.
Source- Times of India.