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The pent-up demand and the festival season is likely to give further fillip to urban demand in the second half of the financial year.
The tourism sector is yet to get the benefits granted to industries even 35 years after getting the industry status.
He said more change is expected in the MSME sector as small and medium enterprises do not need a license for three years.
Kerala Finance Minister KN Balagopal raised the demand at his meeting with Union Finance Minister Nirmala Sitharaman in New Delhi
The nine-time MLA and five-time MP, Singh served as Himachal Pradesh's chief minister for six times.
Home Minister Amit Shah has been given the additional charge of the newly formed Ministry of Cooperation.
Fullerton Financial Services is a fully-owned subsidiary of Singaporean investment giant Temasek Holdings.
The revised guidelines will benefit 2.5 crore retail and wholesale traders. The move would also allow them to register on Udyam portal.
The aid could be availed between July and December, Industries Minister P Rajeev announced at a webinar the Department of Industries hosted as part of the World MSME Day.
Lack of experience could be the major challenge before the second Pinarayi cabinet, which has 17 new faces out of the 21 ministers.