17% growth in foreign exchange earnings through tourism

The Ministry of Tourism, Government of India, has announced that the monthly Foreign Exchange Earnings (FEEs) through tourism in India during the month of March 2018 were Rs.17, 294 crore as compared to Rs. 14, 667 crore in March 2017. The FEEs was Rs 12, 985 crore in March 2016.

The growth rate in FEEs in rupee terms in March 2018 over March 2017 was 17.9 per cent, compared to the growth of 13.0 per cent in March 2017 over March 2016. FEEs during the period January- March 2018 were Rs 52, 916 crore with a growth of 15.5 per cent, as compared to the FEE of Rs 45, 819 crore in January-March 2017 with a growth of 13.6 per cent over January- March 2016.

FEEs in US$ terms during the month of March 2018 were US$ 2.659 billion as compared to FEEs of US$ 2.224 billion during the month of March 2017 and US$ 1.938 billion in March 2016. The growth rate in FEEs in US$ terms in March 2018 over March 2017 was 19.6 per cent compared to the growth of 14.8 per cent in March 2017 over March 2016.

FEEs during the period January-March 2018 were US$ 8.228 billion with a growth of 20.4 per cent as compared to the FEE of US$ 6.833 billion in January- March 2017 with a growth of 14.4 per cent over January- March 2016.