IJFANS International Journal of Food and Nutritional Sciences

ISSN PRINT 2319 1775 Online 2320-7876

Changing outlook towards the Tourism industry through the lenses of public policies

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Vibhuti Gunjal, Aditi Abhyankar

Abstract

Tourism is one of the fastest-growing sectors in the global economy. The increased tourism flow can accelerate the nation's economic growth and development. According to the World Travel and Tourism Council (WTTC), travel and tourism, including its direct, indirect, and induced impacts, before the pandemic, accounted for 1 in 4 of all new jobs in travel and created worldwide. The travel and tourism sector's contribution to GDP in India was 6.8% of the total economy. It has the potential to achieve steady economic growth and ensure an international economic stature. An increasing number of tourists crossing the domestic and international borders every year directly and indirectly impacts employment, consumption, income, and physical and social development. Tourism development is essential to bridge the gap between the unequal segments of society. Also, to advance from a developing economy towards the developed World.

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