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April 7th Business & Economy Current Affairs

India Ranked 40 in World Economic Forum’s Global Travel & Tourism ranking

  • Recently World Economic Forum released Travel & Tourism Competitiveness Report for the year 2017.
  • This report is prepared after analyzing tourism sector of 136 countries across the globe, and 14 dimensions are considered while preparing the report
  • They mostly considered how well a country is providing economic and societal benefits through travel and tourism sector.
  • In this report,India ranked 40.
  • When compared with last report India improved 14 places.
  • When compared with the Asian countries India gained 12, but it is still behind Japan and China which were at the4th and 13th place, respectively.
  • Implementation of some important policies, schemes, and measures such as e-visas, visa on arrival, improving ground transport infrastructure has given a boost to the travel and tourism sector.
  • The top ten countries in serial order are; first place Spain, second place France,then Germany, Japan, United Kingdom, United States, Australia, Italy (8th), Canada, and Switzerland (10th).

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