Tourism Current Affairs - 2020
On March 31, 2020, the Ministry of Tourism had launched “Stranded in India”, a portal aimed to support foreign tourists.
The portal aims to disseminate information to the foreign tourists stuck far away from their homeland amidst COVID-19 threats and Lock Down. The tourists can use the portal to learn information about steps or measures being made by the Indian Government and the foreign government to take them home safely. The portal also holds contact details through which the stranded tourists can contact Ministry of Tourism. The Tourism ministry will help them contact concerned authorities and will also ensure their well being.
The website also holds contact details of list of officers that are appointed to assist the stranded tourists. Every officer has been given charge of a country. Currently the service has been extended to tourists from US, Spain, Italy, Japan, Russia, China and Latin America. Slowly the service is to be extended to other countries as well.
This will help curb fake news that is being spread on social media. Recently the Indian High Commission in the UK took it to Twitter to clarify that no evacuation flights are being arranged for Indians in the UK. The fake news was spread through Whatsapp couple of days ago.
Tags: Corona Virus • COVID-19 • Fake News • India-UK • portal
The United Nations Conference on Trade and Development (UNCTAD) made a new analysis under the title “The COVID-19 Shock to Developing Countries”.
The analysis says that leading exporting countries are to face drop in investments between 2 trillion USD and 3 trillion USD in the next two years. The world economy is to go into recession in 2020-21 in spite of the G20 countries infusing 5 trillion USD. The predicted loss of global economy this year is expected to be in trillion USD. In just two months since the spread of the virus, developing countries have taken a huge hit in terms of currency depreciation, capital outflows, falling commodity prices, losing export earnings, declining tourist revenues.
India and China
The report also says that India and china are to stay out of these global recessions. However, the report did not give proper explanation for the countries being out of the recession. Recently, the ICRA, Moody’s and other leading market observers have predicted that the growth rate of India is to decline. However, they did not bring out factors that might put India in recession mode. This says that though India is to get affected economically by the virus, the impacts are to be minimal as compared to other developing countries.
Tags: Corona Virus • COVID-19 • Economic Slowdown • Recession • Revenue