Loss Worth Crores in Tourism, Benefit of Corporates
In 2018, the tourism sector saw total spending worth US $57 billion, which would be equal to Rs 4.3 lakh crore this year. However, only 20% of that was spent this year due to the ongoing COVID-19 pandemic.
In 2018, the tourism sector saw total spending worth US $57 billion, which would be equal to Rs 4.3 lakh crore this year. However, only 20% of that was spent this year due to the ongoing COVID-19 pandemic. The middle class is using this money for shopping during festivals, which translates to more benefits for corporates.
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