Jagmohan Garg talk about Indian travel industry and say thanks to demonetisation


The cash crunch, thanks to demonetization, has affected the travel and tour operators in India and that too right at the beginning of the holiday season. 

"December is an important month for travel as this is the holiday season, especially in the north, but November has taken a 20% hit even as we slip into December,” Rajji Rai, ex-president, Travel Agents Association of India (TAAI), told ET. 

Travel operators are frustrated. Though, the airlines have reduced their prices, people aren’t still ready to spend on a vacation. 

Jagmohan Garg more updates; http://www.businessinsider.in/Indian-travel-industry-wont-be-able-to-flourish-much-this-holiday-season-thanks-to-demonetisation/articleshow/55849975.cms

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