Here is what Finance Minister Nirmala Sithareman announced on the 01st of February on Wednesday in the Union Budget 2023 regarding the travel and tourism industry.
• The government will focus on promoting domestic inbound tourism during India’s G20 Presidency.
• Through a process called 'challenge mode', 50 tourist destinations will be selected to be developed to encourage domestic and international tourism.
• Government will promote tourism in India on a large scale that would involve active participation from states, sustainable practices and encouraging more PPP engagements.
• In a bid to promote regional connectivity 50 additional airports, heliports, water aerodromes, advanced landing grounds will be revived.
• A capital outlay of INR 2.40 lakh crores has been announced for the Railways sector which is 9 times more than the outlay made in 2013-14.
• Tourism sector to be tapped for potential job opportunities and entrepreneurship for youths.
• The National Tourism Policy intends to target GDP contribution of USD 150 billion in 2024 and USD 1 trillion by 2047.
• With the number of various attractions for both domestic and foreign tourists in this diverse country, the government will take efforts to promote tourism in India on ‘Mission Mode’.
• Unity Malls promoting GI products and other state-wise handicrafts, will now be established in state capitals or the most popular tourist destinations with the sole plan of "One District One Product.”
• Eco-friendly initiatives will be taken up in coastlines by planting mangroves which would enhance biodiversity, carbon stock and also promote eco-tourism and generate income for the local communities.
• Initiatives will be taken to establish tourism at border villages under “Vibrant Village Programme”
• The initiative “Dekho Apna Desh” will focus on specific skill and entrepreneurship development to facilitate tourism.
The initiatives look promising as long as they are delivered on time.
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