India Tourism Budget Applauded by Industry Leaders
U.S., Feb. 2 -- The tourism industry for India is applauding the proposed India tourism budget allocation of Rs 2,500 crore for the financial year 2020-21. Finance Minister Nirmala Sitharaman said today, Saturday, February 1, 2020, that improvement of the tourism industry is directly related to growth and job creation.
"This is an imperative towards education and skill
development of our sector (tourism) that contributes a significant 10% to
India's GDP. Additionally, (tourism) plays a critical force-multiplier role in
job creation, accounting for 26.7 million jobs in 2018 - and is expected to
provide employment to nearly 53 million people, directly and indirectly, by
2029," said Madhavan Menon, chairman and managing director, Thoma...
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