TOURISM IMPACTS IN INDIA

Tourism is world’s biggest industry without creating smoke. It inhabits one in fifth global jobs and also
contributes 10 percent to the total world’s Gross Domestic Product. It is an animatedly emerging area
of external economic activities. It gives there affects to other different sector`s economy through its
higher evolution and improvement rates, significant amounts of foreign currency inflows, infrastructure
enlargement and an introduction of new management and educational skills. Successively it adds
positively to the social and economic development of the country. Its genuine and prospective economic
impact is impressive. So this paper is an effort to measure the economic impacts of tourism in India.
Currently, various measures are present to measure the impact. The important measures are Input-
Output Method, Tourism Satellite Accounts Method, Multiplier Method, Economic Impact Assessment
Scale, Impacts of Visitor Spending Method and Computable General Equilibrium Model. To complete
this study the author is using the Visitor Spending Method