• UGI USER
  • May 22, 2024
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“INDIA CLIMBS TO 39TH IN WEF TRAVEL, TOURISM DEVELOPMENT INDEX”

Why in the news?

  • India’s rise to 39th in the World Economic Forum’s “Travel & Tourism Development Index 2024” reflects post-pandemic travel improvements.
  • The United States tops the rankings, with India excelling in South Asia and among lower-middle-income nations, citing high price competitiveness and competitive infrastructure.
Source:TBS

About World Travel and Tourism Competitiveness Index:

  • The World Travel and Tourism Competitiveness Index is released by the World Economic Forum.
  • It’s published biennially, assessing the competitiveness of 140 economies in the Travel & Tourism sector.
  • The ranking is based on four sub-indexes:
  • Enabling environment
  • Travel and tourism policy and enabling conditions
  • Infrastructure
  • Natural and cultural resources
About WEF(World Economic Forum):

  • Established: 1971
  • Location: Geneva, Switzerland
  • Mission: Improving the state of the world through public-private cooperation

Reports Published:

  • Global Gender Gap Report: Assesses gender disparities worldwide.
  • Global Travel and Tourism Report: Measures factors and policies for sustainable development in travel and tourism.
  • Global Risk Report: Identifies future threats including geopolitical tensions and environmental degradation.

Associated Article:

https://universalinstitutions.com/service-sector/