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Kumbh Mela in Prayagraj to generate Rs 1.2 lakh crore revenue: CII

New Delhi: The Kumbh Mela, which began in Prayagraj on January 15 and will continue till March 4, is expected to generate a revenue of Rs 1.2 lakh crore for Uttar Pradesh, said a report from the Confederation of Indian Industry. According to PTI, The CII report said, Although the Kumbh Mela is spiritual and religious in nature, the economic activities associated with it generate employment for over six lakh workers across various sectors.

The Uttar Pradesh government has allocated Rs 4,200 crore for the 50-day Kumbh Mela this time, which is over thrice the budget of the Maha Kumbh held in 2013 in the city. The hospitality sector aims at employing 2,50,000 people, airlines and airports around 1,50,000 and tour operators around 45,000. The employment numbers in eco-tourism and medical tourism are being estimated at 85,000, said a CII study.

Apart from this there will be around 55,000 new jobs in the unorganized sector comprising of tour guides, taxi drivers, interpreters, volunteers etc.

This will lead to increase income levels for government agencies and individual traders.  Attracting a massive number of foreign tourists from various countries like Australia, UK, Canada, Malaysia, Singapore, South Africa, New Zealand, Mauritius, Zimbabwe and Sri Lanka, the Kumbh is a festival of the world.

“The ‘mela’ is expected to generate a revenue of Rs 1,200 billion for Uttar Pradesh, the state where it is being held, while neighbouring states like Rajasthan, Uttarkhand, Punjab and Himachal Pradesh will also benefit from the enhanced revenue generation with a large number of national and foreign tourists expected to explore other destinations.

The post Kumbh Mela in Prayagraj to generate Rs 1.2 lakh crore revenue: CII appeared first on NewsroomPost.



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Kumbh Mela in Prayagraj to generate Rs 1.2 lakh crore revenue: CII

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