Government approves new liberalised visa policy to attract foreigners, boost trade

In a move to attract more foreigners and boost trade in the country, the Union Cabinet on Wednesday approved the new liberalised visa policy for foreigners.

Updated: Nov 30, 2016, 23:50 PM IST
PlayGovernment approves new liberalised visa policy to attract foreigners, boost trade

Zee Media Bureau

New Delhi: In a move to attract more foreigners and boost trade in the country, the Union Cabinet on Wednesday approved the new liberalised visa policy for foreigners.

AS per the proposal and the approval, different visa categories — tourist, business, medical and conference —will now be clubbed into one and long-term, multi-entry travel documents of up to 10 years.

The commerce and industry ministry has been rooting for comprehensive relaxation of visa norms to boost services trade, a proposal that is also being pushed by the Prime Minister's Office (PMO).

The Home Ministry had, in principal, agreed to the proposal and would like to implement it after addressing security concerns.

The new liberalised visa policy is expected to boost services trade that would fetch $80 billion annually by attracting foreigners and foreign exchange.

The Union Cabinet, chaired by Prime Minister Narendra Modi, also decided to extend the e-Tourists Visa to eight more countries, taking the total number of countries which are under cover the scheme to 158.

The Union Cabinet has given its approval for liberalisation, simplification and rationalisation of the existing visa regime in India and incremental changes in the visa policy decided by the Ministry of Home Affairs in consultation with various stakeholders, an official statement said.

The approval will facilitate entry of foreigners for tourism, business and medical purposes. This is expected to stimulate economic growth, increase earnings from export of services like tourism, medical value travel and travel on account of business and to make 'Skill India', 'Digital India', 'Make in India' and other such flagship initiatives of the government successful.

This will also considerably ease the travel of foreigners to India for the above-mentioned legitimate purposes, the release said.

Tourists, businessmen or people coming for treatment or to attend conferences or even for film shoots will be covered under the new category of visa, which was first mooted by the Commerce Ministry following a suggestion by the Prime Minister's Office (PMO) to boost services trade.

The long-term, multiple-entry visa will be given upto 10 years but under this category the visitor will not be allowed to work or stay permanently, a government official said.

Except those covered under 10 year travel and trade visa policy, citizens of other countries would be offered five year multiple visa for travel and trade.

As per the proposal, if a foreigner is granted long-term, multiple-entry non-working or non-permanent stay visa and his or her stay is restricted to 60 days on a visit, the government may waive the visa fee as well.

However, the visitors have to give biometric details and fulfil certain security obligations, the official said.

The plan is part of the Commerce Ministry's initiatives to boost India's services trade.

India is said to be missing out on a huge opportunity worth about USD 80 billion annually in terms of attracting foreigners and foreign exchange.

Medical tourism in India alone is estimated at USD 3 billion and projected to grow to USD 7-8 billion by 2020.

Foreign patients travelling to India for medical treatment in 2012, 2013 and 2014 stood at 1,71,021, 2,36,898, and 1,84,298 respectively.

Small countries like Thailand attract millions of people whereas tourists flow in India is far less.

With PTI Input