Prime Minister Modi was recently seen on Lakshadweep trip, after which there is a hot atmosphere in Maldives. Actually, after PM Modi’s trip, some ministers of Maldives had made some derogatory remarks about the Indian government and PM Modi. After which the Maldives government suspended those ministers on Sunday itself. But now the entire country is having to suffer the consequences of the actions of the Maldivian ministers, which will have a direct impact on the economy there.
After the comments of the leaders of Maldives, a big online travel agent of India has suspended the booking of all flights to Maldives. At the same time, Boycott Maldives is trending rapidly on social media also. In such a situation, if Indian tourists stop going to Maldives, then it is sure to be costly for their economy, because most of the foreign tourists reach there are from India. Apart from tourism, Maldives is also dependent on India in many ways.
Indians go to Maldives in lakhs
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According to data from the Tourism Ministry of Maldives, a total of 17.58 lakh foreign tourists had reached Maldives during the year 2023. Most of them were Indian tourists. After this comes the Russian tourist. Till December 13 last year, a total of 2,09,198 Indian tourists reached Maldives. Whereas 2,09,146 Russian tourists had reached there till this date. At third place was China whose 1,87,118 tourists visited Maldives. Now if Indian tourists stop reaching there then you can understand how much impact it will have on the economy there.
Not only tourism, Maldives is dependent on India for this also
The economy of Maldives is highly dependent on tourism. Which is a major source of foreign exchange earnings and government revenue. Tourism directly accounts for about a quarter of the Maldives’ GDP and indirectly accounts for a much larger share of the GDP. If we talk about employment, tourism is the biggest source for the people of Maldives. Tourism contributes more than one-third to employment. If the sectors related to it are included then the contribution of tourism in the total employment is about 70 percent.
Rice, fruits and spices will be banned!
Maldives India emerged as the third largest trading partner of Maldives in 2021. India mainly imports scrap metals from Maldives. Whereas India exports various types of engineering and industrial products like pharmaceuticals, radar equipment, rock boulders, cement to Maldives. It also includes agricultural products like rice, spices, fruits, vegetables and poultry products.
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