Travel, tourism sector has huge potential to create jobs: Kant

Image
Press Trust of India New Delhi
Last Updated : Apr 07 2015 | 10:13 PM IST
Travel and tourism sector has huge potential to create thousands of jobs and push the economic growth of the country, a top government official today said.
"India needs to focus on travel and tourism. It has the best multiplier effect as far as job creation is concerned. and therefore, it (government) needs to focus on travel and tourism with huge vigor and energy," Secretary in the Department of Industrial Policy and Promotion (DIPP) Amitabh Kant said.
He was addressing the eleventh hotel investment conference-South Asia 2015 here.
"There is huge potential in terms of growth. Currently, it contributes about 6.8 per cent in the GDP but has the potential to (increase the share to) almost 9 per cent of the GDP," he said.
"Indian politicians must realise that it is not an elitist activity. It is an activity which is a job creator and it is an activity which will generate India's growth," he added.
On boosting manufacturing sector growth, the secretary said that there are some legacy issues in the labour laws which needs urgent attention of the government.
"India has the worst labour laws of the world and actually there is a study which shows that only Pakistan's labour law is the worst labour law than India and therefore it needs to set back right," he said.
Further he added that India needs to bypass the brick and mortar setup all together by using technology and e-commerce platforms.
*Subscribe to Business Standard digital and get complimentary access to The New York Times

Smart Quarterly

₹900

3 Months

₹300/Month

SAVE 25%

Smart Essential

₹2,700

1 Year

₹225/Month

SAVE 46%
*Complimentary New York Times access for the 2nd year will be given after 12 months

Super Saver

₹3,900

2 Years

₹162/Month

Subscribe

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

More From This Section

First Published: Apr 07 2015 | 10:13 PM IST

Next Story