TRAVEL AND TOURISM COMPETITIVE REPORT

 

For: Preliminary & Mains

Topics covered:

• Findings of the “Travel and Tourism Competitive Report”
• What is the World Economic Forum?

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News Flash

According to the biennial “Travel and Tourism Competitive Report”, India is ranked 34th among 140 nations. The report is released by the World Economic Forum (WEF).

 

Indicators

The study scored countries on four indicators —

1. Enabling environment
2. Travel and tourism policy and enabling conditions
3. Infrastructure
4. Natural and cultural rankings.

The four broad indicators looked at 14 variables, which were further subdivided into 90 indicators such as:

• Property rights
• The efficiency of the legal framework
• Quality of electricity supply
• Female labour force participation
• Visa requirements
• The number of World Heritage cultural sites.

 

Key Highlights

• India has made the greatest improvement since 2017.
• India’s highest improvement was in enabling the environment, by 10 places to 98.
• The least improvement is in infrastructure as well as in natural and cultural rankings.
• Spain followed by France, Germany, Japan and the United States are the world’s most travel-ready nations.

 

World Economic Forum

• The World Economic Forum is the International Organization for Public-Private Cooperation.
• The Forum engages the foremost political, business and other leaders of society to shape global, regional and industry agendas.
• The Forum was established in 1971 as a not-for-profit foundation and is headquartered in Geneva, Switzerland.
• It is independent, impartial and not tied to any special interests.
• In 2015, the Forum was formally recognised as an international organization.

 

Source: Indian Express

 

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