The money spinning tourism industry in Kerala has taken a severe beating on account of the Covid pandemic and according to a State Minister, the loss suffered is around Rs 25,000 crore. State Tourism Minister Kadakampally Surendran on Tuesday said the tourism industry has suffered one of its worst ever disaster.

The #tourism industry in #Kerala has taken a severe beating on account of the #COVID19 #pandemic & according to a State Minister, the loss suffered is around Rs 25,000 cr.

State Tourism Minister @kadakampalli said the tourism industry has suffered one of its worst-ever disaster. pic.twitter.com/yN2YOKnG3V

— IANS Tweets (@ians_india) August 18, 2020

"The loss that has been suffered is Rs 25,000 crore and it has hit thousands of people working in the industry very badly. The state government has now announced a package of Rs 455 crore for the industry," said Surendran. "This package consists of new infusion of funds up to a maximum of Rs 25 lakh to tourism entrepreneurs and 50 per cent of the interest would be borne by the state government. Likewise workers in the industry will get a loan of Rs 30,000 from the Kerala Bank which will come at an interest rate of three per cent and repayment starts only after six months," added Surendran.