MoT extends financial assistance for hospitality education
JimAndaz.com - India News and Events of India
Advanced Search
 
Regional News RSS Feed
Home > Finance > MoT extends financial assistance for hospitality education
MoT extends financial assistance for hospitality education
 

New Delhi : In a written reply to the Lok Sabha, the minister of state for tourism Sultan Ahmed, said that the ministry of tourism extended central financial assistance to the state governments/union territory administrations for the setting up of the Institutes of Hotel Management (IHM).

At present, there were 33 functional central and state IHM affiliated to the National Council for Hotel Management & Catering Technology, he informed the House.

"The Foreign Tourist Arrivals (FTA) witnessed a growth of 13.5% in the year 2006, 14.3% in the year 2007 and 4% in the year 2008, over the preceding years. Even though there was a dip in FTA of 3.3% in the year 2009, the first 7 months of the year 2010 had again registered a growth of 9.8%. Based on the tourism satellite account for the year 2002-03, the number of jobs projected (both direct and indirect) in tourism sector for the years 2005-06, 2006-07 and 2007-08 had been estimated as 45.1 million, 47.4 million and 49.8 million respectively," he said.

In India tourism industry was largely essentially driven by the private sector. "However, the ministry of tourism plays an important role of creating infrastructure and imparting training for employable skills in aspiring service providers and certifying the skills of the existing ones," he added.
Posted On : 26 Aug 10
Latest Finance News
RBI likely to leave rates unchanged
RBI issues guidelines on private, foreign bankers' pay
RBI allows foreign individuals to directly invest in equities
LIC to invest Rs 80,000 cr to match last year's figures
Bankers' pay cheques now under RBI scrutiny
Government to have two nominees on RBI board
PNB to rope in Boston Consulting Group for revamping operations
Short-term growth sacrifice inevitable in inflation fight: RBI
Star-Union Dai-ichi Life Insurance introduces Dhan Suraksha Platinum
Reserve Bank allows revision of govt- securities price band
Banks revise FCNR(B) deposit rates
RBI issued draft guideline
CBSE extended half-yearly service tax returns' last date
REC to $500 million to maintain the government shareholding
SBI and Kotak Mahindra raised interest rates
Press Release Submission Free
Submit your Press Release related to corporate news, announcements and events absolutely FREE of cost & reach out masses. Learn More...
 
 
Tags Related to Finance
Home Loan News
 
Top Indian News
Asia Pacific tourism all set to record growth of ...
Ranbir Kapoor, Vidya Balan won Best Actors at Filmfare ...
Sony Ericsson Launches Xperia Ray Smartphone ...
Facebook Banned by Indian Army ...
RBI opting for Secured Environment in Banks ...
Mahindra Satyam to Press Pedal by June 2012 ...
Global Expansion planned for Ashok Leyland by Hinduja Group ...
IGNOU to focus on more foreign tie-ups ...
India-Thailand FTA by middle of 2012 ...
Ex-IITian NRI's 5 mn dollar gift to cancer research ...
More...
MoT extends financial assistance for hospitality education
Tags | About Us | Sitemap
Copyright © 2009 Jupiter Infomedia Pvt. Ltd. All rights reserved including the right to reproduce the contents in whole or in part in any form or medium without the express written permission of Jupiter Infomedia Pvt. Ltd.