Foreign Tourist Arrivals at 4.87 lakh in January 2009

Ministry of Tourism compiles monthly estimates of Foreign Tourist Arrivals (FTAs) and Foreign Exchange Earnings (FEE) on the basis of data received from major airports. Following are the important highlights as regards these two important indicators of tourism sector.

Foreign Tourist Arrivals (FTAs):

FTAs during the Month of January 2009 were 4.87 lakh as compared to FTAs of 5.91 lakh during the month of January 2008 and 5.22 lakh in December 2008. The decline in FTAs may be mainly due to ongoing global financial melt down.

Foreign Exchange Earnings (FEE) from Tourism in Indian rupee terms and US $ terms:

FEE during the month of January 2009 were Rs. 4598 crore as compared to Rs. 5438 crore in 2008.

FEE in US $ terms during the month of January 2009 were US $ 941 million as compared to FEE of US $ 1382 million during the month of January 2008. The lower growth rate in January 2009 as compared to January 2008 may be mainly due to exchange rate variation and lower growth rate of FTAs.

Source : Equity Bulls

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