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Foreign exchange earnings from tourism rises 22% from last year
Foreign tourist arrivals in the country registered an increase of 20 lakh during November, 2012 over the same period last year. As a result, foreign exchange earnings from tourism during the same period increased by 22.4% to Rs 9,723 crore, according to data compiled by the ministry of tourism from major ports and foreign exchange earnings from tourism on the basis of data available from Reserve Bank of India.
Foreign tourist arrivals during the month of November 2012 were 6.90 lakh as compared to 6.70 lakh in the corresponding month last year and 6.08 lakh in November 2010.
There has been a growth of 3% in November 2012 over November 2011 as compared to a growth of 10.1% registered in November 2011 over November 2010.
Foreign tourist arrivals during the period January-November 2012 were 58.99 lakh with a growth of 5.9%, over the same period in 2011, as compared to 55.72 lakh with a growth of 9.4% during January-November 2011 over the corresponding period of 2010.
Foreign exchange earnings from tourism during the month of November 2012 were Rs 9,723 crore as compared to Rs 7,941 crore in November 2011 and Rs 6,516 crore in November 2010.
The growth rate in foreign exchange earnings in rupee terms in November 2012 over November 2011 was 22.4% as compared to 21.9% in November 2011 over November 2010.
Foreign exchange earnings from tourism in rupee terms during January-November 2012 were Rs 83,938 crore with a growth of 22.1% over the same period in 2011, as compared to Rs 68,721 crore with a growth of 18.8% during January-November 2011 over the corresponding period of 2010.
Keywords:Foreign tourist arrivals , foreign exchange earnings , ministry of tourism, tourism,Reserve Bank of India,Foreign tourist , rupee ,Business news
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