Tag: rupee depreciation

In the second week of September Union Minister K J Alphons said that rupee depreciation was good for the country’s tourism sector, and, his words seem to be true, looking at the growth of inbound tourism. The strengthening dollar and Euro has made India an attractive destination for foreign tourists. Though the outbound tourism has taken a hit, the tourism industry has high hopes regarding the inbound tourists. Alphons has said earlier last month that the central government is taking all measures to double the tourist inflow in India in next three years. Apart from foreign travellers, there’s a remarkable rise in ... Read more