New Delhi: India intends to extend visa on arrival facility to tourists from 40 more countries, including the US, the UK, Canada, Brazil, Australia, the UAE and Saudi Arabia, a move which will make the country a more tourist friendly destination and promote foreign exchange earnings.
The Planning Commission has called a high-level meeting of different ministries and National Security Advisor on Monday to deliberate on the feasibility of the move.
“We have called a meeting on October 7 to discuss the possibility of extending tourist visa for 40 more countries as this could help in garnering more foreign exchange and containing the current account deficit,” Planning Minister Rajeev Shukla told PTI.
The current account deficit is the difference between inflow and outflow of foreign exchange. During 2012-13, the CAD was at all-time high of 4.8 per cent of GDP or USD 88.2 billion. Government proposes to bring it down to USD 70 billion or 3.8 per cent of the GDP.
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