Clean and safe heritage and leisure destinations are need of the hour Union finance minister Nirmala Sitharaman. ANI
Tourism and travel are among the largest sectors in the country contributing 8-9 percent to India’s Gross Domestic Product (GDP) and is responsible for 8 percent of direct and indirect jobs creation. However, the sector possibly saw its lowest ebb due to the lockdown enforced by coronavirus pandemic. The entire industry had to endure difficult times to bear fixed expenses without having any corresponding revenue sources. However, the enterprising Indian traveller managed to break away from the inertia-led anxiety and has started to travel on the back of short-term savings coupled with cheaper EMIs during the recent festival seasons. This pent-up demand has caused a significant uptick in the sector.