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:
Foreign Exchange Earnings (FEEs) through Tourism (in Rs. terms)
· FEEs during the month of March 2017 were Rs.14, 953 crore as compared to Rs. 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.
Foreign Exchange Earnings (FEEs) through Tourism (in US $ terms)
· FEEs in US$ terms during the month of March 2017 were US$ 2.268 billion as compared to FEEs of US$ 1.958 billion during the month of March 2016 and US$ 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 US$ 6.907 billion with a growth of 15.4% as compared to the FEE of US$ 5.986 billion with a growth of 6.8% in January- March 2016 over January- March 2015.
Courtesy: pib.nic.in
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