Emergence of Tourism in Sustainable Growth of India
Journal Title: International Journal of Interdisciplinary and Multidisciplinary Studies (IJIMS) - Year 2014, Vol 1, Issue 3
Abstract
Tourism has emerged as one of the world‟s largest growing service industries with sizeable economic benefits and immense opportunities. With the emergence of technological advancement, and competitiveness in service-based industries the tourism sector is playing a vital role in contributing to improve gross domestic product (GDP), creation of employment, poverty alleviation and sustainable human development across the world economy. Tourism has the potential to stimulate other economic factors through its forward and backward linkages with a host of sectors like agriculture, manufacturing, transport, hospitality, education, health, banking, etc. Expenditure on tourism induces a chain of transactions requiring supply of goods and services from these related sectors. The consumption demand emanating from tourist expenditure also creates more employment and generates a multiplier effect on the economy.
Authors and Affiliations
Nagaraju L. G, Chandrashekara B.
Keywords
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