Y-Axis Immigration Services

Sign up for free

expert consultation

Down Arrow

I accept the Terms & Conditions

Icon
Don' know what to do?

Get Free Counseling

Posted on August 10 2016

India mulling over liberal visa regime to give fillip to services sector

profile-image
By  Editor
Updated May 10 2023

Indian government is mulling over a proposal to ease the visa

The Indian union government is mulling over a proposal to ease the visa norms of the country in order to give a fillip to trade-in services, said Nirmala Sitharaman, Commerce and Industry Minister, on 8 August. Responding to a question in the Parliament, she said that a visa regime which is liberalised would aid in boosting trade-in services in various methods of supply, especially Mode 2, included in which are medical travel, tourism and education services. Sitharaman was quoted by the Press Trust of India as saying that a proposal to liberalise the visa policy even more is being considered by the Ministry of Home Affairs in consultation with all relevant parties.

She stated that her ministry was pitching for a liberal regime and adequate precautions with the Home Ministry as the subject falls under the latter’s ambit. Service sector’s importance has risen tremendously because of its contribution to the income at the national and state levels, trade flows and foreign direct investment. This sector alone is said to be contributing about sixty percent to India’s GDP. It also accounts for 28 percent of job creation in India, while for total trade it is 25 percent. Its contribution to the country’s imports and exports is 20 percent and 35 percent, respectively.

If you are planning on travelling abroad for study, education, business or on any other purpose, come to Y-Axis and get the best possible assistance and guidance to file for a visa at any one of our 19 offices located across India.

Tags:

liberal visa regime

Share

Options for you by Y-Axis

phone 1

Get it on your Mobile

mail

Get News Alerts

contact 1

Contact Y-Axis

Latest Article

Related Post

Trending Article

New PR pathways

Posted On December 12 2024

Canada to Introduce 4 New PR Pathways in 2025