SME Times is powered by   
Search News
Just in:   • Equity indices break two-day losing streak on value buying  • IMF urges Sri Lanka to tighten monetary policy  • Global semiconductor sales to reach $676 bn this year: Gartner  • Tinna Rubber hits upper circuit, investors accumulate 900% returns in year  • Availability of jobs in Japan improves for 1st time in 3 yrs 
Last updated: 22 Sep, 2016  

Arun.9.Thmb.jpg Tourism sector still largely unexplored: FM

Arun Jaitley
   Top Stories
» Net direct tax collection reaches highest-ever figure in FY 22
» Musk has to manufacture here to sell Tesla cars in India: Gadkari
» Round tripping of industrial inputs by large players unfavourable to local value chains
» Sitharaman engages investors in Silicon Valley
» Modi hails India's success in achieving target of $400 billion of exports
SME Times News Bureau | 22 Sep, 2016
Given its geography and rich cultural diversity, India has every reason to attract many more tourists than it at present does, but the sector remains largely unexplored, Union Finance Minister Arun Jaitley said on Wednesday.

"Given India's cultural diversity and its geography, tourism should have come as a natural activity to its people," Jaitley said while inaugurating the 'Incredible India Tourism Investors Summit 2016' in New Delhi.

The three-day event will see participation from several ministers, senior government officials and investors from across the world.

The participants will deliberate on how to tap the immense potential of the country's tourism sector, including religious, medical, educational and business tourism, as also how to make India a sought-after tourist destination.

Jaitley said till sometime back, connectivity was a major issue, which probably put off many potential tourists, but connectivity has improved substantially now.

"Today, our airports can be compared with the best in the world. We have 70 operating airports in India and plan to start 30-35 more regional airports."

"Besides, there has been an emphasis on improving the quality of railway services. Earlier, the focus was only on expansion," he said.

Jaitley said the national highway network was growing at an unprecedented pace, which will further enhance connectivity.

He also called for restoration and improvement of historical monuments and their marketing as tourist attractions.

Speaking on the occasion, Andhra Pradesh Chief Minister Chandrababu Naidu asked Jaitley to give more concessions to the tourism industry in the next budget.

Union Tourism Minister Mahesh Sharma said tourism has been identified as a prime focus area by the central government and it plans to extend e-visa facility to nationals of more and more countries.

"This is the time when we (central and state governments) have to join hands with investors to promote tourism in the country," he said

Cabinet Secretary P.K. Sinha said private enterprise should step in to tap the country's tourism potential as the government of India is trying its best to provide conducive environment for business.

Echoing the sentiments, Naushad Forbes, President of Confederation of Indian Industry (CII), said: "Tourism is a driver of growth and employment. The sector has huge potential and its up to us to turn the potential into reality."
 
Print the Page Add to Favorite
 
Share this on :
 

Please comment on this story:
 
Subject :
Message:
(Maximum 1500 characters)  Characters left 1500
Your name:
 

 
  Customs Exchange Rates
Currency Import Export
US Dollar
66.20
64.50
UK Pound
87.50
84.65
Euro
78.25
75.65
Japanese Yen 58.85 56.85
As on 27 Apr, 2022
  Daily Poll
COVID-19 has directly affected your business
 Yes
 No
 Can't say
  Commented Stories
 
 
About Us  |   Advertise with Us  
  Useful Links  |   Terms and Conditions  |   Disclaimer  |   Contact Us  
Follow Us : Facebook Twitter