India Foundation Current Affairs - 2019

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Tourism Sector in India

Union Minister for Tourism K J Alphons delivering the inaugural speech at the 2nd ASEAN-India Youth Summit highlighted the contribution of the of the tourism sector to the GDP as below:

  • India’s tourism sector generated USD 234 billion revenue in 2018 and the sector registered a growth of over 19 per cent.
  • India was ranked third in the tourism sector, according to the 2018 report of the World Travel and Tourism Council (WTTC).
  • The global revenue growth from tourism sector was five per cent and Indian tourism sector grew by 19.4 per cent.
  • 87 per cent of revenue was contributed by domestic tourists and 13 per cent foreign tourists.
  • The earnings from foreign tourists were about USD 27 billion.
  • The revenue from the foreign tourists grew by about 14 per cent in India compared to global growth of 7 per cent.
  • Spiritual tourism contributed around 60-70 per cent of the total domestic tourists.

ASEAN-India Youth Summit

The ASEAN-India Youth Summit aims to provide a platform for youth leaders of both India and ASEAN to engage with each other to develop a resilient and symbiotic relationship between countries.

The ASEAN-India Youth Summit is organised by India Foundation, in collaboration with ASEAN Secretariat and Ministry of External Affairs, Government of India (MEA).

The first India-ASEAN Youth Summit was held in 2017 and the theme was Shared Values, Common Destiny. The second India-ASEAN Youth Summit was held in Guwahati with the theme Connectivity: Pathway to Shared Prosperity.

Month: Categories: Business, Economy & BankingUPSC

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3rd Indian Ocean Conference held in Hanoi, Vietnam

The third edition of Indian Ocean Conference was held in Hanoi, capital city of Vietnam from 27-28 August 2018. It was inaugurated by External Affairs Minister Sushma Swaraj and her Vietnamese counterpart Pham Binh Min, Deputy Prime Minister and Minister of Foreign Affairs of Vietnam.

Key Facts

The third edition of the Conference was organised by India Foundation in association with Diplomatic Academy of Vietnam, S Rajaratnam School of International Studies (RSIS), Sri Lanka and Bangladesh Institute of International and Strategic Studies. Its theme was “Building Regional Architectures”. Tt will see participation from around 35 countries and have speakers from 25 countries.

Indian Ocean Conference

It has been initiated by Delhi based think tank India Foundation along with its partners from Singapore, Sri Lanka and Bangladesh. It is annual conference that aims to bring together Heads of States/Governments, Ministers, thought leaders, scholars, diplomats, bureaucrats and practitioners from across the region on a single platform. So far, two successful editions of conference were hosted in 2016 and 2017 in Singapore and Sri Lanka respectively. Both Conferences were supported by Ministry of External Affairs (MEA) of India and had seen participation from over 35 countries.

 

Month: Categories: Events & Observances

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