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International Journal of Trend in Scientific Research and International Journal of Trend in Scientific Research and Development (IJTSRD) ISSN: 2456Development (IJTSRD) ISSN: 2456-6470 | IF: 4.101

It is expenditure on leisure travel within a country by It is expenditure on leisure travel within a country by investment expenditure byexpenditure by other industries on
particular tourism resources such as new visitor articular tourism resources such as new visitor
residents and non resident visitors p
t
p
and nd
a
accommodation ccommodation a passenger assenger transport ransport
e
equipment, as well as restaurants and leisure quipment, as well as restaurants and leisure
Direct contribution to employment f facilities for explicit tourism use. acilities for explicit tourism use.
collective ollective
It is the number of direct jobs within Travel & It is the number of direct jobs within Travel & Government Government c s spendingpending: It is
Tourism industry. Government expenditure forexpenditure for general tourism
a
activity. This comprises ctivity. This comprises of national as well as
r
Total contribution to employment regional and local government spending. For egional and local government spending. For
It comprises of the number of jobs generated directly It comprises of the number of jobs generated directly example, it includes visitor information services, visitor information services,
administrative services, tourism promotion and dministrative services, tourism promotion and
in the Travel & Tourism sector plus the indirect and in the Travel & Tourism sector plus the indirect and a
induced contributions other public services.
Supply-chain effects: It : It is the purchases of
domestic goods and services directly by different omestic goods and services directly by different
Indirect and induced impacts d
Indirect contribution i industries within Travel & Tourism as inputs to ndustries within Travel & Tourism as inputs to
The following three factors are contributors to GDP The following three factors are contributors to GDP their final tourism output.
and jobs:
Capital investment: It comprises : It comprises of capital Induced contribution The expenditure by those who The expenditure by those who
investment by all industries directly involved in all industries directly involved in are directly or indirectly employed by Travel & are directly or indirectly employed by Travel &
Travel & Tourism. This also constitutes Travel & Tourism. This also constitutes Tourism.

The following table and graph presents the total contribution of travel & tourism to GDPThe following table and graph presents the total contribution of travel & tourism to GDPhe following table and graph presents the total contribution of travel & tourism to GDP
T
INDIA (INRbn, real 2017
20122012 2013 2014 2015 2016 2 2018E 2018F
2017017
prices)
Direct 4,149.84,149.8 4,413.1 4,736.9 5,181.2 5,676.6 5,943.35,943.3 6,392.7 12,678
Indirect 5,255.75,255.7 5,589.1 5,999.2 6,561.9 7,189.3 7,527.27,527.2 8,096.3 16,057
Induced 1,207.61,207.6 1,276.3 1,381.1 1,465.7 1,573.3 1,659.31,659.3 1,771.8 3,092.1
Source: TRAVEL & TOURISM ECONOMIC IMPACT 2018TRAVEL & TOURISM ECONOMIC IMPACT 2018

Figure: Graph showing total contribution of Figure: Graph showing total contribution of travel & tourism to GDPtravel & tourism to GDP

The above table and graph shows the direct, indirect The above table and graph shows the direct, indirect
and induced contribution of travel & tourism to GDP and induced contribution of travel & tourism to GDP
from 2012 to 2017, 2018E and 2028F. The graph from 2012 to 2017, 2018E and 2028F. The graph
shows a continuous rising trend indicating a bright continuous rising trend indicating a bright
prospect for the industry. Further the following prospect for the industry. Further the following
diagram gives the breakdown of travel & tourism’s diagram gives the breakdown of travel & tourism’s
contribution to GDP and Employment 2017.contribution to GDP and Employment 2017.

@ IJTSRD | Available Online @ www.ijtsrd.comwww.ijtsrd.com | Conference Issue: ICDEBI-2018 | Oct 2018| Oct 2018 Page: 66