TBM Staff - Mumbai Aims for 75mn inbound & 75mn outbound tourists
In its efforts to push the tourism agenda, FAITH has released a Tourism Vision 2035 statement coinciding with the 75th year of India’s independence.
This vision lays down these key headline action goals in multiples of 75 referencing all indicators to the 75th golden year of independence.
• Target 75 million inbound tourists
• Aim for USD 75 bn *2 (i.e. USD 150 bn of foreign exchange earnings from inbound tourism
• Aim for 7.5 billion domestic tourism visits
• Target 75 mn * 2 ( i.e. 150 mn or 15 crores) direct and indirect employment from tourism in public and private sector in hotels, travels agencies & tour operations, tourism transportation , food services, destination management & services which are looking after tourists.
• Target USD 75 bn *3 ( USD 225 bn ) economic revenue from domestic tourism
• Target USD 75 bn capex direct and indirect annually
• Target USD 75 bn * 15 ( USD 1.1 tn + + economic impact direct and indirect )
• Enable 75 mn outbound travellers from India.
This vision proposes 4 strategic pillars namely shared national tourism approach, value accretive regulations, investment drivers and market excellence to achieve the goals. Under each of these pillars, FAITH has proposed Tourism to be a concurrent subject as a shared execution between Centre & states. It states that tourism exports be treated at par with other exports & services and such transactions may be zero rated for GST without stopping the flow of input credits. There should be National Tourism Council of PM & CMs, and registered tourism service provides with single Centre-State unique id for quality assurance. Moreover, the vision enlists that all tourism projects and plans be based around Sustainable Design Principles.
