India Sees Big Boost in Tourism: More Visitors and Earnings in 2024
The Ministry of Tourism in India has reported a significant increase in tourism statistics for the first five months of 2024. There was a 9.1% boost in Foreign Tourist Arrivals (FTAs) and a 22.52% growth in Foreign Exchange Earnings (FEEs).
May 2024 Statistics
In May 2024, FTAs reached 6.00 lakh, a slight increase from 5.98 lakh in May 2023, reflecting a growth of 0.3%. The Foreign Exchange Earnings during May 2024 amounted to Rs 17,762 crores, compared to Rs 17,206 crores in May 2023, marking a growth of 3.23%.
January to May 2024 Statistics
The cumulative FTAs for the period from January to May 2024 were 40.72 lakh, up from 37.32 lakh in the same period of 2023. FEEs for this period totaled Rs 1,08,362 crores, significantly higher than the Rs 88,441 crores recorded in the same timeframe in 2023, indicating an impressive growth of 22.52%.
Union Minister for Tourism and Culture Gajendra Singh Shekhawat presented this data in a written reply to the Lok Sabha, highlighting the positive trajectory of India’s tourism sector and its potential for continued growth and development.
Doubts Revealed
Ministry of Tourism -: This is a part of the Indian government that takes care of everything related to travel and tourism in India.
Foreign Tourist Arrivals (FTAs) -: This means the number of people from other countries who come to visit India.
Foreign Exchange Earnings (FEEs) -: This is the money India earns from tourists who come from other countries and spend money here.
Lakh -: In India, a lakh is a way to say 100,000. So, 6.00 lakh means 600,000.
Rs -: This stands for Indian Rupees, which is the money used in India.
Union Minister Gajendra Singh Shekhawat -: He is a person in the Indian government who helps make decisions and share important information.
