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Nov 10, 2014

[CA/Econ] Tourism in India

Tourism issues and Budget 2014




 Tourism contributes to 9% of global GDP. >6 trillion USD in absolute terms.
·        >25 crore people employed worldwide. 1 in 11 of total world jobs comes from tourism.
·        But, India has not tapped the full potential of its tourism sector. Hardly 4 crore people employed.
·        India has not been able to convert its comparative natural and economic advantages into competitive advantages.

Budget 2014: tourism related announcements

PRASAD
National Mission on Pilgrimage Rejuvenation and Spiritual Augmentation Drive
Tourist Circuit
Will create 5 tourist circuits around specific themes
Sarnath-Gaya-Varanasi
Buddhist circuit would also be developed with attract foreigners
HRIDAY
National Heritage City Development and Augmentation Yojana (HRIDAY) for Mathura, Amritsar, Gaya, Kanchipuram, Vellankani and Ajmer.
with help of PPP, universities and local community
Goa
Already declared as permanent venue for International Film Festival of India. (IFFI)We’ll setup infrastructure for world class convention /events.
Tour Operators
Don’t need to pay service tax, if serving foreign tourist for foreign trips. (e.g. yatra.com and other online sites)
Archeological sites
Rs.100 crore for their preservation

Tourist Arrivals in India (2012 and 2013)

Tourist Arrivals in India

2012
2013
Foreign Tourist Arrivals
Domestic Tourist Arrivals
Foreign Tourist Arrivals
Domestic Tourist Arrivals
1
Maharashtra
Andhra Pradesh
Maharashtra
Tamil Nadu
2
Tamil Nadu
Tamil Nadu
Tamil Nadu
Uttar Pradesh
3
Uttar Pradesh
Uttar Pradesh
Delhi
Andhra Pradesh
4
Rajasthan
Karnataka
Uttar Pradesh
Karnataka
5
Delhi
Maharashtra
Rajasthan
Maharashtra
6
West Bengal
Madhya Pradesh
West Bengal
Madhya Pradesh
7
Karnataka
Rajasthan
Kerala
Rajasthan
8
Goa
Uttarakhand
Bihar
Gujarat
9
Kerala
Gujarat
Karnataka
West Bengal
10
Madhya Pradesh
West Bengal
Goa
Chhattisgarh



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