Tourism sector hit as banks deny loans - NEWS 7 KERALA

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2020, ഓഗസ്റ്റ് 4, ചൊവ്വാഴ്ച

Tourism sector hit as banks deny loans

The guaranteed emergency credit line (GECL) was a scheme announced with much fanfare by the central government to help small businesses in the MSME sector to tide over the Covid-19 crisis. But tourism entrepreneurs in the state who approached banks are being turned away saying hospitality sector is in the ‘negative list’.

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