Back to News

FTAs Touch 1 cr Mark for the First Time

April 11, 2018

Union Minister Alphons Kannanthanam said that Foreign Tourist Arrivals (FTAs) has reached 1 crore benchmark “for the first time”, and the government aims at doubling the figure in 3 years. He also said that the total revenue generated from the FTAs is around Rs. 1,80,000 crores.
Kannanthanam said that the center aims at doubling the FTA in the next 3 years, for which it will shift its focus to the nightlife tourism. He said that the tourism industry is responsible for 12.36% employment in the country and makes for 6.88% GDP.

Tags:
Finance

Recommended for you ...

17 Out of 20 Fastest-Growing Cities to be In India Between 2019-2035, Says Report
17 Out of 20 Fastest-Growing Cities to be In India Between 2019-2035, Says Report

December 08, 2018

Agriculture Export Policy Aimed at Doubling Shipments Gets Green Signal from Cabinet
Agriculture Export Policy Aimed at Doubling Shipments Gets Green Signal from Cabinet

December 08, 2018

Healthcare, Wellness Sector Agreements Between India, Japan Get Nod from Cabinet
Healthcare, Wellness Sector Agreements Between India, Japan Get Nod from Cabinet

December 08, 2018

Get the latest update on programs, courses, news and events