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New Delhi :Foreign Exchange Earnings (FEEs) in January 2017 were Rs16,097 crore as compared to Rs13,669 crore in January 2016 and Rs12,100 crore in January 2015. The growth rate in FEEs in rupee terms during January 2017 over January 2016 was 17.8% compared to the growth of 13.0% in January 2016 over January 2015, according to a PIB release. Based on the credit data of Travel head as available from Balance of Payments of RBI for the previous year, Ministry of Tourism estimates and releases the data of Foreign Exchange Earnings (FEEs) through tourism in India, both in rupee and dollar terms, for the current month applying suitable inflation factor and current month Foreign Tourist Arrivals data.
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