By TIOL News Service

NEW DELHI , MAY 22, 2017: Monthly estimate of Foreign Exchange Earnings (FEEs) through tourism in India has been disclosed by the Ministry of Tourism. The figures are based on the credit data of Travel Head from Balance of Payments of RBI.

The FEEs of Jan-Mar 2017 and 2016 (both in Rs. terms & $ billion) stand revised due to adoption of final figure of Foreign Tourist Arrivals of 2016.

The highlights of the estimates of FEEs from tourism in India for April 2017 and Jan-Apr 2017 are as below:

Foreign Exchange Earnings (FEEs) through tourism (in Rs. terms)

· FEEs during the month of April 2017 were Rs.14,692 crores as compared to Rs. 11,495 crores in April 2016 and Rs. 10,091 crores in April 2015 .

· The growth rate in FEEs in rupee terms in April 2017 over April 2016 was 27.8% compared to positive growth of 13.9% in April 2016 over April 2015.

· FEEs during the period January- April 2017 were Rs. 61,605 crores with a growth of 18.9%, as compared to the FEE of Rs. 51,812 crores with a growth of 15.2% in January- April 2016 over January- April, 2015.

Foreign Exchange Earnings (FEEs) through tourism (in US $ terms)

· FEEs in US$ terms during the month of April 2017 were US$ 2.278 billion as compared to FEEs of US$ 1.726 billion during the month of April 2016 and US$ 1.609 billion in April 2015.

· The growth rate in FEEs in US$ terms in April 2017 over April 2016 was 32.0% compared to a positive growth of 7.3% in April 2016 over April 2015.

· FEEs during the period January-April 2017 were US$ 9.275 billion with a growth of 20.5% as compared to the FEE of US$ 7.697 billion with a growth of 6.7% in January- April 2016 over January- April 2015.