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Impacts of Covid-19 Pandemic on Tourism Industry of India

Kmf Publishers, Divya Vasant Jagdale and Ganatra Dr Heena

MPRA Paper from University Library of Munich, Germany

Abstract: The purpose of this study is to examine the effect of COVID-19 on the tourism sector of India. India is a tourist euphoria. Tourism in India has noteworthy potential seeing the rich cultural and historical heritage, variety of ecology, terrains and places of natural beauty spread crossways the country. It is considered to be the biggest and rapidly growing industry. Tourism is also a potentially great employment generators besides being a significant source of Foreign exchange for the country. Due to the sphere of pandemics and infectious diseases, the tourism industry has become very unstable. The COVID-19 froze the tourist sector around the world, countries around the world continued to impose restrictions on travel as apart to hold the spread of the virus, so on India. Ultimately, the drastic outbreak of the novel coronavirus has caused great losses to the tourism industry. In India, as the contagious were emerging the authorities implemented travel restrictions, social distancing, lockdown which completely brought the tourism sector of India to recession. As resulting the threat of virus, travellers revoke their tour and agitation tumbled the tourist graph significantly. This study attempts to try to understand the tourism sector importance in Indian economy and examine the impact of COVID-19 on the Indian tourism sector.

Keywords: Tourism; COVID-19; recession; lockdown; travel (search for similar items in EconPapers)
JEL-codes: D00 D01 D02 D03 (search for similar items in EconPapers)
Date: 2021, Revised 2021
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Published in Asian Microeconomic Review 1.1(2021): pp. 39-45

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