Union Minister of Culture, Tourism and Development of North Eastern Region (DoNER), G Kishan Reddy on Friday said tourism has one of the highest job-creating potentials across all sectors.
Speaking at the E-Conclave- Resilience and The Road to Recovery, the minister stated, "Tourism has always been a strong driver for economic growth in the country. In 2019, the industry contributed USD 194 billion to the Indian economy and created about 40 million jobs, which is 8 per cent of its total employment."
Reddy said that tourism is not just about attractive destinations and leisure activities, but has emerged as one of the fundamental pillars of economic development and has one of the highest job-creating potentials across all sectors. "For Rs 10 lakh of investment, tourism can provide 78 jobs, as compared to 45 jobs in the manufacturing sector," Reddy stated.
The minister also said that the tourism industry has a unique impact on a country as it not only acts as a massive growth engine but also enhances the soft power of a nation.
Further, he said that the onslaught of the COVID-19 pandemic has thrown unprecedented challenges upon the tourism industry, hence there is a need to innovate and rethink the travel, tourism and hospitality sector.
Crediting Prime Minister Narendra Modi for making a clarion call to all Indians to promote domestic tourism, Reddy said, "PM Modi had urged all Indians to visit 15 destinations within India by 2022. This would develop the tourism sector within our country."
Listing the slew of measures the Ministry of Tourism took to boost tourism and encourage investment, Reddy said, "The Ministry is constantly interacting with the experts and stakeholders to re-energise the sector and address the challenges being faced."
He also lauded the efforts of the ministry for its initiative of "Dekho Apna Desh" during the lockdown and said that it has kept the spirit of tourism alive.
(Only the headline and picture of this report may have been reworked by the Business Standard staff; the rest of the content is auto-generated from a syndicated feed.)
You’ve reached your limit of {{free_limit}} free articles this month.
Subscribe now for unlimited access.
Already subscribed? Log in
Subscribe to read the full story →
Smart Quarterly
₹900
3 Months
₹300/Month
Smart Essential
₹2,700
1 Year
₹225/Month
Super Saver
₹3,900
2 Years
₹162/Month
Renews automatically, cancel anytime
Here’s what’s included in our digital subscription plans
Exclusive premium stories online
Over 30 premium stories daily, handpicked by our editors


Complimentary Access to The New York Times
News, Games, Cooking, Audio, Wirecutter & The Athletic
Business Standard Epaper
Digital replica of our daily newspaper — with options to read, save, and share


Curated Newsletters
Insights on markets, finance, politics, tech, and more delivered to your inbox
Market Analysis & Investment Insights
In-depth market analysis & insights with access to The Smart Investor


Archives
Repository of articles and publications dating back to 1997
Ad-free Reading
Uninterrupted reading experience with no advertisements


Seamless Access Across All Devices
Access Business Standard across devices — mobile, tablet, or PC, via web or app
)