Indian tourism FEE on a high

Q.  FEEs through tourism in India in rupee terms was _________ crore.
- Published on 24 Apr 17

a. INR 14953
b. INR 14539
c. INR 15439
d. None of the above

ANSWER: INR 14953
 
Ministry of Tourism estimates monthly Foreign Exchange Earnings (FEEs) through Tourism in India, both in rupee and dollar terms. Based on the credit data of Travel Head from Balance of Payments of RBI.

The highlights of the estimates of FEEs from Tourism in India for March 2017 are as below:

FEEs during the month of March 2017 were INR.14, 953 crore as compared to INR 13,115 crore in March 2016 and `11,133 crore in March 2015.

The growth rate in FEEs in rupee terms in March 2017 over March 2016 was 14.0% compared to positive growth of 17.8% in March 2016 over March 2015.

FEEs during the period January- March 2017 were Rs. 46,310 crore with a growth of 14.6%, as compared to the FEE of Rs. 40,411 crore with a growth of 15.9% in January- March 2016 over January- March 2015.

FEEs in USD terms during the month of March 2017 were USD 2.268 billion as compared to FEEs of USD 1.958 billion during the month of March 2016 and USD 1.783 billion in March 2015.

The growth rate in FEEs in US$ terms in March 2017 over March 2016 was 15.8% compared to a positive growth of 9.8% in March 2016 over March 2015.

FEEs during the period January-March 2017 were USD 6.907 billion with a growth of 15.4% as compared to the FEE of USD 5.986 billion with a growth of 6.8% in January- March 2016 over January- March 2015.

Ministry of Tourism: FTAs
  • Ministry of Tourism compiles monthly estimates of Foreign Tourist Arrivals (FTAs) & FTAs on e- Tourist Visa on the basis of Nationality-wise, Port-wise data received from Bureau of Immigration (BOI).
  • The number of FTAs in March, 2017 were 9.05 lakh as compared to FTAs of 8.17 lakh in March, 2016 and 7.29 lakh in March, 2015.
  • The growth rate in FTAs in March, 2017 over March, 2016 is 10.7% compared to 12.1% in March, 2016 over March, 2015.
  • FTAs during the period January- March 2017 were 28.45 lakh with a growth of 13.4%, as compared to the FTAs of 25.08 lakh with a growth of 10.0% in January- March 2015 over January- March 2014.
  • The percentage share of Foreign Tourist Arrivals (FTAs) in India during March 2017 among the top 15 source countries was highest from Bangladesh followed b y USA, UK, Russian Fed., Malaysia, Canada Germany , Sri Lanka, China, France, Australia, Japan, Afghanistan, Singapore and Iran.

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