Sustainable Economy and Tourism: A co relational study with Reference to Gujarat State

Abstract

Tourism is an economic activity of importance to national and state level development. The changing era and dimensions of tourism in Gujarat State has shown a significant bearing in the overall development of economy. Since post globalization period numbers of tourist visited to India have a multiplier effect, which in turn has resulted in increasing trend of foreign exchange earnings. Gujarat is being recognized as one of the most diverse state in India. The state is being recognized as one of the most advanced state in terms of industrial development, and also for fetching maximum tourist. The directors level and managerial level in the tourism industry have shown a tremendous information and the industry opened its gates for new projects and new ideas.

The present study is an attempt to derive a significant relation and the bearing of tourism industry with the macroeconomic determinants of the state. The study is a blend of descriptive and analytical study and has used secondary data from various published resources. The economy of a state is being driven by the growth in various segments of industry and infrastructural scenario. The Gujarat state is being recognized as a tourist hub in recent times and has enormously supported, significantly contributed in sustainability of state.

Keywords : Tourism, Sustainable, Macroeconomic