In News India has moved up six places to rank 34th on world travel and tourism competitiveness index released by WEF. About the Study
Findings of the Report
- The four broad indicators looked at 14 variables, which were further subdivided into 90 indicators such as, property rights, efficiency of the legal framework, quality of electricity supply, female labour force participation, visa requirements and the number of World Heritage cultural sites.
- India has made the greatest improvement since 2017 among the top 25 per cent of the countries that were previously ranked according to the biennial “Travel and Tourism Competitive Report”.
- India has jumped six places from 2017. Overall, India is ranked 34.
- India’s highest improvement was in enabling environment.Similarly, the least improvement is in infrastructure as well as in natural and cultural rankings
- 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.
- It 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.