Democracy on display: From rallies to rural panchayat on offer in India’s ‘election tourism’
India’s upcoming general elections are a unique draw not just for voters but for domestic and international tourists as well. Travel companies are capitalising on this phenomenon of the “festival of democracy”, coining the term “election tourism” to cater to a growing niche market. Travel companies foresee up to 25,000 individuals participating as tourists in […]
Standing committee urges Tourism Ministry over funding reductions and project delays
Parliamentary Standing Committee on Tourism has raised concerns around a persistent reduction in allocations at the Revised Estimates (R.E.) stage since 2019. The Committee attributed this trend to perceived inefficiencies within the Ministry’s operational framework. The Committee, chaired by V. Vijayasai Reddy, has said that there is an imperative need for the Ministry of Tourism […]
Tourism finance industry headed for exponential growth over the next decade – ETCFO
Tourism and hospitality are among the fastest-growing services globally and India is not lagging considering the growth trajectory. As of 2019, India had witnessed a growth rate of 3.5% compared to the global economic growth rate of 2.5%. According to statistics available from the World Travel and Tourism Council, COVID-19 had a negative impact on […]