India's foreign exchange earnings from tourism up by 4.6%, says Tourism Minister
Updated: Oct 13, 2014 05:37:02pm
Kolkata, Oct 13 (KNN) The foreign exchange earnings from tourism has gone to USD 12.739 billion, a growth up by 4.6 per cent, in comparison with the last year, Union Tourism Minister Shripad Yasso Naik said today.
"Foreign exchange earnings from tourism during January to August 2014 was USD 12.739 billion with a growth of 4.6 per cent compared to the corresponding period in 2013," Naik said at a function here.
He said that tourism was a key sector which could contribute to India's recovery and valuable foreign exchange earnings, and added that several initiatives like infrastructure development, publicity, promotion and marketing among others have been taken by the ministry.
"These efforts will be complemented by a radical change in our approach to facilities through our proposed Tourist Visa on Arrival enabled with Electronic Travel Authorisation which will soon be a reality," he said.
"I am very optimistic, these measures will start working," the minister said.
Foreign tourist arrivals (FTAs) in India during January to August 2014 were 46.84 lakh with a growth of 7.4 per cent, as compared to 43.60 arrivals with a growth of 4.9 per cent during corresponding period in 2013, Naik said.
Meanwhile, FTAs during the Month of September 2014 was 4.95 lakh as compared to FTAs of 4.54 lakh during the month of September 2013 and 4.12 lakh in September 2012, according to a release by Ministry of Tourism.
There has been a growth of 9.2 per cent in September 2014 over September 2013, the release added.
Foreign Exchange Earnings (FEEs) during the month of September 2014 were USD 1.447 billion as compared to FEEs of USD 1.224 billion during the month of September 2013 and USD 1.219 billion in September 2012.
The growth rate in FEEs in September 2014 over September 2013 was of 18.2 per cent as compared to the growth of 0.4 per cent in September 2013 over September 2012.
FEE from tourism during January-September 2014 were USD 14.186 billion with a growth of 5.8 per cent, as compared to USD 13.402 billion with a growth of 7.3 per cent during January-September 2013 over the corresponding period of 2012, the release added. (KNN/SD)
"Foreign exchange earnings from tourism during January to August 2014 was USD 12.739 billion with a growth of 4.6 per cent compared to the corresponding period in 2013," Naik said at a function here.
He said that tourism was a key sector which could contribute to India's recovery and valuable foreign exchange earnings, and added that several initiatives like infrastructure development, publicity, promotion and marketing among others have been taken by the ministry.
"These efforts will be complemented by a radical change in our approach to facilities through our proposed Tourist Visa on Arrival enabled with Electronic Travel Authorisation which will soon be a reality," he said.
"I am very optimistic, these measures will start working," the minister said.
Foreign tourist arrivals (FTAs) in India during January to August 2014 were 46.84 lakh with a growth of 7.4 per cent, as compared to 43.60 arrivals with a growth of 4.9 per cent during corresponding period in 2013, Naik said.
Meanwhile, FTAs during the Month of September 2014 was 4.95 lakh as compared to FTAs of 4.54 lakh during the month of September 2013 and 4.12 lakh in September 2012, according to a release by Ministry of Tourism.
There has been a growth of 9.2 per cent in September 2014 over September 2013, the release added.
Foreign Exchange Earnings (FEEs) during the month of September 2014 were USD 1.447 billion as compared to FEEs of USD 1.224 billion during the month of September 2013 and USD 1.219 billion in September 2012.
The growth rate in FEEs in September 2014 over September 2013 was of 18.2 per cent as compared to the growth of 0.4 per cent in September 2013 over September 2012.
FEE from tourism during January-September 2014 were USD 14.186 billion with a growth of 5.8 per cent, as compared to USD 13.402 billion with a growth of 7.3 per cent during January-September 2013 over the corresponding period of 2012, the release added. (KNN/SD)
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