FM Nirmala Sitharaman announces free tourist visa to 5 lakh tourists - Check details HERE
Finance Minister Nirmala Sitharaman on Monday announced that the government will issue the first 5 lakh tourists visas "free of charge" once visa issuance process is restarted. The announcement was made during a media briefing where Sitharaman announced 8 relief measures in the wake of Coronavirus Pandemic.
Finance Minister Nirmala Sitharaman on Monday announced that the government will issue the first 5 lakh tourists visas "free of charge" once visa issuance process is restarted. The announcement was made during a media briefing where Sitharaman announced 8 relief measures in the wake of Coronavirus Pandemic.
However, the benefit will be available only once per tourist and the scheme will be applicable till March 31, 2022 or till 5,00,000 visas are issued whichever is earlier, the Finance Minister said.
See Zee Business Live TV Streaming Below:
The Finance Minister also said that the total financial implications will be Rs 100 crore. Giving the details and insights Sitharaman said that 1.93 million foreign tourists visited India in 2019 and had spent USD 30.098 billion on leisure and business.
She further said that average daily stay for a foreign tourist in India is 21 days while average daily spending of a tourist in India is around USD 34 (Rs 2400).
• FREE Tourist Visa to 5,00,000 Tourists pic.twitter.com/sRJtYqBqg7
— Office of Mr. Anurag Thakur (@Anurag_Office) June 28, 2021
Along with the free tourist visas the government also announced a financial support to more than 11,000 registered tourist guides/travel and tourism stakeholders.
Sitharaman announced eight relief measures in a press conference held on June 28 amid the second wave of the coronavirus pandemic.
Get Latest Business News, Stock Market Updates and Videos; Check your tax outgo through Income Tax Calculator and save money through our Personal Finance coverage. Check Business Breaking News Live on Zee Business Twitter and Facebook. Subscribe on YouTube.
RECOMMENDED STORIES
Senior Citizen Latest FD Rates: Know what major banks like SBI, PNB, Canara Bank, HDFC Bank, ICICI Bank are providing on fixed deposits
Gratuity Calculator: Rs 38,000 as last-drawn basic salary, 5 years and 5 months of service; what will be gratuity amount?
EPFO Pension Schemes: Early pension, retirement pension, nominee pension and 4 other pension schemes that every private sector employee should know
Top 5 Small Cap Mutual Funds with best SIP returns in 1 year: See how Rs 25,000 monthly investment has grown in each scheme
Top 7 SBI Mutual Funds With Best SIP Returns in 1 Year: Rs 25,000 monthly SIP investment in No.1 fund has jumped to Rs 3,58,404
04:14 PM IST