Tourism sector and its impact on Uttarakhand state economy
Bharti Jaiswal, Madhu Bisht, Jagriti Jaiswal
Abstract
Bharti Jaiswal, Madhu Bisht, Jagriti Jaiswal
Abstract
According to the World Economic Forum's Travel and Tourism Competitiveness Report 2013, India ranks 11th in the Asia pacific region and 65th globally out of 140 economies ranked on travel and tourism Competitiveness Index. This sector has both forward and backward linkages like provision of employment, income and foreign exchange, development or expansion of other industries such as agriculture, construction, handicrafts etc. are some of the important economic benefits provided by the tourism sector. In addition, investments in infrastructural facilities such as transportation, accommodation and other tourism related services lead to an overall development of infrastructure in the economy.
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According to the World Economic Forum's Travel and Tourism Competitiveness Report 2013, India ranks 11th in the Asia pacific region and 65th globally out of 140 economies ranked on travel and tourism Competitiveness Index. This sector has both forward and backward linkages like provision of employment, income and foreign exchange, development or expansion of other industries such as agriculture, construction, handicrafts etc. are some of the important economic benefits provided by the tourism sector. In addition, investments in infrastructural facilities such as transportation, accommodation and other tourism related services lead to an overall development of infrastructure in the economy.
Key concepts: Tourism, Agriculture, Handicraft, Index (typography), Accommodation, Business, Economy, Foreign exchange