Summary:

India's tourism industry, renowned for its rich heritage, is becoming a global favorite and a major economic engine. The Union Budget 2025-26 allocates Rs. 2,541.06 crore (US$ 291.07 million) to improve infrastructure, skill development, and travel facilitation. This includes enhancing 50 popular tourist spots, providing MUDRA financing for homestays, improving site connectivity, and streamlining e-visa procedures. It also promotes sustainable tourism by funding 40 projects in 23 states.

To strengthen India's global healthcare position, the government is focusing on revitalizing spiritual tourism, particularly at Lord Buddha’s sites, as well as boosting medical tourism through the "Heal in India" initiative. The Medical Value Travel (MVT) industry is expanding, driven by both modern medicine and traditional wellness. The Gyan Bharatam Mission aims to preserve India’s textual heritage and create a National Digital Repository, further boosting tourism, employment, and economic prosperity.

Source: IBEF 

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