TOURISM - A MAJOR GENERATOR OF ECONOMIC SPILL: AN OVERVIEW
Dr. R. Uma Devi
With the advancement of transport, communication and improvement in general economic well being the demand for tourism has increased concomitantly. Today tourism with its rapid growth rate is not only a big business but is also the world’s fastest growing industry. Tourism industry is of paramount concern for India’s economy as it is a major source of foreign exchange earnings and it can help cored adverse trade balances and regional imbalances and create employment opportunities to give a direct stimulus to the socio-economic development of the economy. The basic materials for tourism industry are culture, heritages, natural vegetation, beaches, parks, monuments and sculptures, etc. which India possesses abundantly and can be exploited for the betterment of the economy. On the above backdrop, present study was undertaken to evaluate the growth of tourism industry and its impact on the overall growth of the economy.