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H.L. Abitha
,
Abstract

In India, the growth of the tourism industry has a multiplier effect in the economic development of the country. Tourism has become the fastest growing service industry in the country with great potentials for its further expansion and diversification, it has direct and indirect chain link with several sector of an economy. Tourism has both positive and negative far reaching impact on economic, social, political and environment face of India. Traveling and Tourism has been an integral part of Indian Culture &Tradition. Tourism Industry is the most vibrant tertiary activity and a multibillion industry in India. The potential and performance of India's tourism industry needs to gauge in terms of its socio- economic magnitudes. It also examines the impact of India's economic growth on tourism, International tourist arrivals in India, International tourism receipts and India’s share and rank, direct contribution of travel and tourism to GDP. Tourism is one of the fastest growing service industries in the country with great potentials for its further expansion and diversification. Tourism industry plays a major role in any country’s economic development. It helps significantly to the country for creating the employment opportunities to the large number of people. Moreover, it is also one of the important engines to attract more foreign exchanges with its potential. We need to concentrate to have liberal policies, relaxation in taxes, comprehensive package and so on to influence tourist and foreign investment. There is also a need to increase the government’s role to make India flourishing in tourism and established in the global market. India has rich source in tourism for the establishment of the brand. Of course India has been launched the Incredible India to make tourism better.

KEYWORDS: Economic Development and Gross Domestic Product

Keywords:
Journal Name :
EPRA International Journal of Economic and Business Review(JEBR)

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Published on :

Vol : 6
Issue : 9
Month : September
Year : 2018
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