INDIAN TOURISM INDUSTRY UNDER ECONOMIC MICROSCOPE

The Indian travel and tourism industry has

immense potential to act as a catalyst in

the socio economic development, which is

evident from the role played by this labour

intensive industry during the last two

decades. Through its strong backward

and forward linkages it generates

employment in different sectors of

economy, both for skilled and unskilled

labour force. It helps in improving the

living standard of remote rural and semi

urban areas. It also plays important role

in foreign exchange earnings,

infrastructure development, and plays

crucial role in the promotion of world

famous Indian traditional Art and craft.

Tourism industry has potential to

strengthen the inclusive economic

development. It is a limitless industry with

immense growth potential having clear

remarkable positive impact on economic

and social aspects of Indian economy.

Secondary data has been used to find out

the impact of growing Indian tourism

industry on various economic parameters

which are vital for the overall economic

development of a country.