jaipur in its systemic risk survey rbi said tourism and hospitality construction and real estate and aviation have been affected the most by the pandemic and announced a sme loan restructuring scheme just before the moratorium on emi payments ended in september many sme enterprises in the hospitality sector approached lenders to restructure their loans as recovery in tourism and travel is yet to take placebut many said that banks are not forthcoming to restructure the loans and some said lender still dont have clarity at their branch level to offer relief window to hotel units that were standard assets before march 2020 but have no cash flows now to serve the debtrajendra pachar who runs a group of hotels said his units were standard assets before the lockdown but since travel and tourism has been hit hard they dont have enough cash flows to meet all financial obligations including paying the staff and meeting the operational costsome institutional lenders are still wary of offering the restructuring window our businesses do not generate enough cash as of now as people are by and large wary of travel pachar saidthe hotel industry in rajasthan is dependent on tourism which drives their business most of them are affected by the pandemic thats why many pin hopes on the restructuring facilityharimohan dangayach another promoter of a group of hotels said many hotels will use the facility given it will take at least two years to reach precovid levels we expect the banks to be proactive if the cases are eligible not restrictive even the kamath committee report on restructuring was accepted by rbi and announced on september 7 many banks and lending institutions are yet to implement the scheme at the branch level entrepreneurs in the sector said these branches are not accepting the request for restructuring surendra singh shahpura said the moratorium period has expired and now emis have started hitting bank accounts of borrowers the sooner the banks start accepting the proposals the better it will be for the industry which is under tremendous pressure nowshahpura said the industry is asking to delay the payments and not forego as the pandemic is not their creation it is a calamity we are a key part of the economy we invest money create jobs and livelihood opportunities for lakhs of people and generate tax revenue for the government this is not about an individual this is about lakhs of people supporting their families unless we are alive it will impact many who are engaged in the sector added shahpura