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Foreign exchange earnings from tourism increases by Rs 531 crore in July 2013

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ETW STAFFMumbai

According to a PIB release, Foreign Exchange Earnings (FEEs) from tourism in Rupees terms in July, 2013 rose by Rs 531 crore in comparison to July, 2012. Foreign Tourist Arrivals (FTAs) in July, 2013 was 5.24 lakh which was 4.86 lakh in July 2012 with a growth of 7.9 per cent. Ministry of tourism compiles monthly estimates of foreign tourist arrivals (FTAs) on the basis of the FTAs data at major ports and foreign exchange earnings (FEEs) from tourism on the basis of data available from Reserve Bank of India.

The following are some important highlights regarding FTAs and FEEs from tourism during the month of July, 2013:

Foreign tourist arrivals (FTAs):

  • FTAs during the month of July 2013 were 5.24 lakh as compared to FTAs of 4.86 lakh during the month of July 2012 and 4.76 lakh in July 2011.
  • There has been a growth of 7.9 per cent in July 2013 over July 2012 as compared to a growth of 2.2 per cent registered in July 2012 over July 2011.
  • FTAs during the period January to July 2013 were 38.32 lakh with a growth of 3.3 per cent, as compared to the FTAs of 37.10 lakh during January to July 2012.

Foreign exchange earnings (FEEs) from tourism in rupee terms and US$ terms

  • FEEs during the month of July 2013 were Rs 8,920 crore as compared to Rs 8,389 crore in July 2012 and Rs 7,116 crore in July 2011.
  • The growth rate in FEEs in rupee terms in July 2013 over July 2012 was 6.3 per cent as compared to 17.9 per cent in July 2012 over July 2011.
  • FEEs from tourism in rupee terms during January to July 2013 were Rs 59,573 crore with a growth of 14.2 per cent, as compared to the FEEs of Rs 52,149 crore with a growth of 23.3 per cent during January to July 2012 over the corresponding period of 2011.
  • FEEs in US$ terms during the month of July 2013 were US$1.493 billion as compared to FEEs of US$1.512 billion during the month of July 2012 and US$ 1.603 billion in July 2011.
  • FEE from tourism in terms of US$ during January to July 2013 were US$10.731 billion with a growth of 7.7 per cent, as compared to US$ 9.967 billion with a growth of 5.9 per cent during January-July 2012 over the corresponding period of 2011.

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