1. FTAs in India are Up by 7%
As per recent PTI report, Govt. reports have stated that foreign tourist arrivals have recorded an extraordinary growth of 7.3% in June, 2016 as compared to the same period last year. The recent rise in tourist footfall led to a growth of 12.2% in foreign exchange earnings from tourism. Among the top 15 tourists followed countries, the US accounted for the highest share at 22.20%, followed by others as this - Bangladesh (20.69%), the UK (6.84%), Malaysia (3.90%), Sri Lanka (3.20%), Australia (2.63%) and China (2.62%).
During January – June of the continuing year, more than 41 lakhs overseas tourists arrived India, recording a 8.9% rise over the corresponding period last year. Last year figure for this period was 38.45 lakhs. Canada’s share in this rise was 2.60%, while that of Japan 2.49%, Singapore 2.47%, France 2.35%, Germany 2.26%, Nepal 2.17%, Pakistan 1.33% and Korea 1.31%.