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Economic Survey


Global

FTAs increase by 43% in 2023 vis-e vie 2022: Economic Survey

Foreign Travel Arrivals (FTAs) rose by 43% compared to the previous year, as highlighted in the Economic Survey 2023-24.


India

Foreign tourist arrivals decline with slowdown in services sector growth

The growth of the services sector moderated to 7.5% in 2018-19 from 8.1% in 2017-18, according to the Economic Survey tabled in the Parliament by Nirmala Sitharaman, union minister for finance and corporate affairs. The segments that saw deceleration are tourism, trade, hotels, transport, communication and services related to broadcasting, public administration and defence. According […]