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.
Get the latest reports & analysis with people's perspective on Protests, movements & deep analytical videos, discussions of the current affairs in your Telegram app. Subscribe to NewsClick's Telegram channel & get Real-Time updates on stories, as they get published on our website.