According to a report, the Indian tourism sector has witnessed an impressive comeback with a 44% annual jump in hiring in August 2023. This growth can be attributed to a combination of factors, including the rise in disposable incomes and an increase in spending on both leisure and business travel within the country. It’s great to see the tourism industry in India bouncing back after the pandemic.
The COVID-19 pandemic has had a significant impact on the tourism industry in India. The Indian Government implemented a slew of measures, including social distancing, community lockdowns, work-from-home, self-imposed or mandatory quarantines, and curbs on crowding by shutting down or curtaining rail and air travel, and inter-state public road transport, all of which brought tourism activities to a near-halt for several months.
The decline in the number of foreign tourists and the decline in the revenue generated through foreign exchange earnings affected the industry to such a level that the growth rate of the industry went towards the negative side. However, the Economic Survey 2023 has stated that Indian’s tourism sector is showing signs of revival following the easing of COVID-19 restrictions and the waning of the pandemic. It also noted foreign tourist arrivals in India in FY23 have been growing month-on-month with the resumption of scheduled international flights.
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