CONTRIBUTION OF TOURISM IN INDIA’S FOREIGN EXCHANGE RESERVE: AN ECONOMIC ANALYSIS
Abstract
This Article tries to analysis the travel and tourism contribution in India’s foreign exchange currency assets, foreign currency assets of any country indicate the country’s strength in external trade, nation will earn foreign currency through various way and foreign tiresome is the one among them, this paper looks into how much India is earring foreign currency through tourism, whereas Travel and Tourism average share in India’s foreign currency assets during 2000-01 to 2017-18 is 5.8 per cent, during 2000-01 it had share of 8.8 which is highest share in study period, (2000-01 to 2017-18) and hold 7.1 per cent in 2017-18.based on the findings suggestion for the policy maker is to making better and attractive domestic tourism will positively impact on India’s foreign currency assets.
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