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India: Finance Minister Announces Free Tourist Visa For 5 Lakh Tourists. Check Details | RTD JOURNAL
Home » India: Finance Minister Announces Free Tourist Visa For 5 Lakh Tourists. Check Details

India: Finance Minister Announces Free Tourist Visa For 5 Lakh Tourists. Check Details

by RTD Journal

On Monday, Finance Minister Nirmala Sitharaman gave a press conference, announcing a host of economic relief measures to aid all sectors hit hard by the country’s fatal second wave of COVID-19 infections.

The Finance Minister declared that the central government will give free tourist visas to 5 lakh travelers in an effort to strengthen the travel and tourism sector, which has been severely impacted by the COVID-19 pandemic.

The ministry of finance stated during the briefing that 10.93 million international visitors visited India in 2019 and spent USD 30.098 billion on leisure and business.

Check out the details here:

A foreign tourist’s average daily stay in India is 21 days, with an average daily spending of USD 34. (Rs 2400). The first five lakh Tourist Visas would be provided free of charge whenever visa issuing is resumed, according to the Finance Minister.

The benefit will only be available to each tourist once. The scheme will stay in effect until March 31, 2022, or until 5 lakh visas have been awarded, whichever comes first. The total financial impact is projected to be in the range of Rs 100 crore.

In the meantime, the Centre has provided financial assistance to over 11,000 registered tourist guides and tourism stakeholders. People in the tourism industry will be able to get 100% guaranteed working capital and personal loans. The government stated that there would be no processing fees and that prepayment fees would be waived.

https://www.india.com/travel/articles/centre-announced-free-tourist-visa-to-5-lakh-tourists-travel-update-check-details-4774172/

Written By: Swati Sahoo

www.rtdjournal.com

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