INDIA. New Delhi: The tourism industry has been badly hit by the ongoing pandemic. It has led to the unemployment of millions of people engaged in the tourism industry not only in India but all over the world. The Indian gov. has been keeping a close watch on various issues like Economic losses, and unemployment and the Union Tourism Minister Prahlad Patel recently said that the Central govt. has initiated a study to quantify the quantum of loss suffered by the sector due to the coronavirus pandemic. In a written reply to a query in the Rajya Sabha, Patel said the record of the revenue generated through tourism was not maintained by the ministry.
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The Ministry of Tourism has engaged the National Council of Applied Economic Research in January to conduct a study on ‘India and the Coronavirus Pandem Pandemic: Economic Losses for Households Engaged in Tourism and Policies for Recovery’, Patel said.
The main objective of this study are as follows:
- Quantify the sector-wise (or industry-wise) direct and indirect impact of tourism activities on the overall economy, as a whole and especially on household income, which may be further disaggregated into different types of households like formal and informal.
- Quantify the sector-wise and overall loss in income of the economy and of the household sector and also the loss in jobs, due to the impact of Coronavirus pandemic on the tourism sector.
- Estimate the impact of gradual opening up of domestic tourism activities and of the sectors related to tourism.
- Estimate the likely impact of the opening of international tourism, in a phased manner.
- Propose policy measures appropriate to provide relief to the tourism sector, in general, and households involved in tourism-related activities, in particular.
The report is awaited from National Council of Applied Economic Research.