Call Site - 098 119 87371
> submit story or ask questions
> create account
> FAQ
> Early Years
> Successful Businessman
> M.P. – Lok Sabha
> Railways Minister
> Family & Friends
> Tourism & Culture
> Sports
> Business & Industry
> Defence
> Development
Login


Membership has its privileges. Choose a username and provide a working email - that's all it takes to join. Click below to make a new account.
Make a new account
Username:
Password:
Commonwealth Games To Boost Foreign Exchange Earnings And Tourism

Section Commonwealth Games 2010
Posted on Tue Jul 08, 2008 at 12:43:12 AM EST
The Commonwealth Games is expected to boost tourism and foreign exchange earnings and also fuel a boom in hotels and infrastructure facilities, says a study by industry association PHD Chamber. Nearly three decades after the Asian Games in 1982, the Games, with its new village built on the banks of the Yamuna, will have a spillovy-Qffect on the economies of neighbouring Haryana, Rajasthan and UP.

VISITORS AND JOBS

  • India's share of international tourist arrivals expected to triple to 1.5 per cent in 2010 from the current0.52 per cent
  • Receipts from inbound tourists expected to rise to $18 billion from around $7 billion at present. * It is expected that the tourism sector would generate 4.5 crore jobs by 2010, up from 4.2 crore now.

ROOM FOR GROWTH
  • Infrastructure projects including airport facilities, road separators, flyovers and bridges are being built under public-private partnerships.
  • Delhi and NCR are estimated to need 70,000 additional rooms by 2010, and requires special land allotment.

GOVT LARGESSE
  • The Union Budget for 2008/09 proposed to increase the provision for tourist infrastructure from Rs.423 crore in 200607 to Rs 520 crore in 2007-08 and Rs 624 crore in 2008-09.
  • The Budget also set apart Rs 150 crore for the Ministry of Youth Affairs and Sports and Rs 350 crore for the Delhi government for the Games.

Source: Hindustan Times, July-08-2008

< CYG Merchandise Launched With Fanfare, Rock Concert, Fashion Show Mark The Event | Bodoland Olympic Association is set to move the IOA seeking a separate affiliation >
Related Links
. QBTPL
. Also by Sumit Kumar
Commonwealth Games To Boost Foreign Exchange Earnings And Tourism | 0 comments (0 topical, 0 hidden)
Related Links
. QBTPL
. Also by Sumit Kumar
All trademarks and copyrights on this page are owned by their respective companies. Comments are owned by the Poster. The Rest (c) 2004 skalmadi.org and QBTPL, Gurgaon.
submit story | create account | faq | search