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ICPB holds meetings, discussions to work on a “survival plan” for the MICE Industry

April 13, 2020

Industries across the globe are widely affected and tourism business is no different. With a string of international and national conferences and events postponed indefinitely, how much time will it take for this pandemic scare to settle and for life to resume as “normal” is anyone’s guess. However, there is also no doubt that there will surely come a time when all this will be over and when that happens, ICPB feels that it is pertinent to have a strategic and robust recovery plan for India to make up for lost ground and take advantage of the pent-up demand to attract potential travellers – both business and leisure.

“We need to have a marketing strategy in place, a price discussion and a pitch on why India should be the first point of call when travel comes back. With this mission in mind, the members of ICPB have held a couple of “Online Interactive Sessions” wherein ideas, ways and means have been discussed at length to keep India prominent in the global MICE scenario, once the worst is over. The second Online Interactive meeting of the board members of ICPB was chaired by Mr. Rakesh Kumar Verma, IAS, Chairman ICPB / Joint Secretary, Ministry of Tourism via ZOOM. The core discussion of the meet was focussed on formulating a plan focussed on “survival of the industry”. There were talks of some new schemes, which are likely to be introduced by the Ministry of Tourism to assist the MICE stakeholders,” shares Amaresh Tiwari, Vice Chairman, ICPB.

Some of the major demands made by the Travel Industry included –

  1. Moratorium on repayment of EMIs of principal and interest for term loans for 12 months
  2. Enhancement of Working Capital Limits/ Over Drafts at interest free rates
  3. Support Fund majorly for salaries and establishment costs
  4. Refunds of cancellations and advances of travel agents & tour operators from airlines
  5. Creation of a Tourism Relief Fund
  6. Deferment of TDS deposit
  7. No fixed costs on power tariffs, water or any other utilities
  8. Roll back of TCS introduced in 2020 budget
  9. Reduced interest rates/ subsidised rates and reduction in overdraft interest rates
  10. Lowering of the GST slab rates

Meanwhile, plans are also afoot to host a ‘Webinar’ soon on relevant subjects to the MICE industry related to the impact of Covid-19 and ICPB urges its members to come forth and participate in the same. ICPB also applauds the initiatives undertaken by its various members who are going out of their way to help the poor / needy and sick in these times of crisis. From distributing free meals to offering quarantine facilities, ICPB members are truly showing solidarity with the government and acting as responsible citizens. The ICPB Secretariat is working from their respective homes and forever forthcoming in arranging any news / information – should you require it.

“These are testing times for all of us but we must not lose hope and stand together in solidarity with each other,” he concludes.

Tags: Amaresh TiwariBreaking News Travel TradeChairman ICPBFlight PackagesICPBICPB SecretariatIndia Tourism Short NewsIndia Tourism Travel Trade Short NewsIndia travel trade breaking newsIndia Travel Trade Short NewsIndia Travel Trade Short News 2019Online Travel NewsOnline Travel Trade NewsRakesh Kumar VermaTourism Breaking NewsTravel FashionTravel Industry IndiaTravel Industry updatesTravel Magazinetravel newsTravel News IndiaTravel PackagesTravel Trade Newstravel trade news IndiaTravel Trade Short NewsTravel Trade Short News 2019Travel Trade Short News IndiaTravel Trade Tourism Short NewsTravel Young GenerationVice Chairman ICPBVisa India NewsVisa NewsVisa Travel Trade Short News
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Priyanka Saxena Ray

Priyanka Saxena Ray

Priyanka Saxena Ray has over 15 years of experience in Travel Trade Writing and Reporting. An IIMC Graduate, she has launched more than 10 magazines of varied nature over the last decade. The publications have been both B2B and B2C in nature covering a wide spectrum of topics related to Travel, Tourism, Hospitality, F&B, CSR, Start-ups and more. Widely travelled, Priyanka has a deep understanding of the travel sector and specialises in generating original content, which is mostly interview based.

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