Foreign exchange earnings from tourism up by 16 per cent in November
The Ministry, Which Records FEEs Every Month, Said The Earnings In November 2017 Stood At Rs 16,640 Crore As Compared To Rs 14,259 Crore In November 2016 And Rs 12,649 Crore In November 2015.
Foreign exchange earnings (FEEs) from tourism in November 2017 registered an increase of 16.7 per cent as compared to that of 2016, the tourism ministry said on Tuesday.
The ministry, which records FEEs every month, said the earnings in November 2017 stood at Rs 16,640 crore as compared to Rs 14,259 crore in November 2016 and Rs 12,649 crore in November 2015.
"The growth rate in FEEs in rupee terms in November 2017 over November 2016 has increased to 16.7 per cent, compared to 12.7 per cent in November 2016 over November 2015," the ministry said.
Also Read: Microsoft to target Govt, small businesses to grow India revenues
FEEs during the period January-November 2017 were Rs 1,60,865 crore with a growth of 16.9 per cent over the same period of previous year.
Whereas, the FEEs during January-November 2016 were Rs 1,37,588 crore with a growth of 13.7 per cent over January- November, 2015.
For all the Latest Business News, Download News Nation Android and iOS Mobile Apps.
More from Business
Take Control Of Your Financial Goals: Apply For A Personal Loan Now
Nihal Dangoria: An Indian Entrepreneur Making a Bright Future For The Real Estate Industry
Data breach incident at Extramarks highlights growing cybersecurity concerns in Indian companies
How is ePayLater empowering retailers across the country
Follow your heart, but don't ignore your mind When it comes to investing