India’s Finance Minister Nirmala Sitharaman, while presenting her eighth consecutive budget on February 1, announced several measures for the tourism and hospitality sectors.

According to Economic Survey 24-25, the tourism sector’s contribution to GDP regained the pre-pandemic level of 5 per cent in FY23. The sector created 7.6 crore jobs, and international tourist arrivals (ITAs) in India also rebounded to pre-pandemic levels in FY23. The tourism and hospitality sector are key drivers of India’s economic growth.