mainstay of the indian economy economics essay The growth of indian economy economics essay like a slow moving elephant the indian economy moved upward slowly and steadily very much during the tenure 2002-2008.
{"Image DocumentName": "Tourism in India: Mainstay of the Indian Economy", "Image ImageDescription": "Opportunities: The recent economic growth in India along with its positioning as an Outsourcing Hub, has further enhanced the country\u2019s infrastructure along with the connectivity of India with other countries. This has led to a tremendous increase in the number of incoming international business travelers in the country. Various international travel and hospitality companies such as Thomas Cook, Amadeus, Hyatt, Four Seasons, Hilton, Regent, Radisson and Holiday Inn, have acknowledged the tourism potential of the Country and already have their presence here. Besides, their presence has significantly increased the standards of services in hospitality and tourism industry. India\u2019s cost competitive health care system and skilled human resource has given impetus to the relatively new concept of medical tourism in India and is worth USD 333 million, with about 150,000 foreign patients visiting India annually. Government has acknowledged the significance of tourism in the Country and the importance of public-private partnership in the growth of the same. Thus, the Ministry of Tourism has announced number of incentives and support to give a fillip to the sector. Offer mixed bag of tourist destinations. Presence of diverse cultures in the Country. All year round pleasant season. Stable political situation. Large number of skilled human resource. India a favourable tourism destination in the world. India- Strategic Advantages. Growth Drivers. Harmony in these two factor leads to. India coming-up as Outsourcing Hub for various countries. Investor friendly policies. Holistic development of economy i.e. infrastructure, connectivity, hospitality etc. Presence of centre of excellence for tourism & hospitality. Increase in domestic travelers. As per WTTC, India is considered to be the one of the most price competitive countries in terms of Travel & Tourism \u2013 that is, based on accommodation prices, they represent the best value for money.", "Image XResolution": "37", "Image YResolution": "37", "Image ResolutionUnit": "Pixels/Centimeter", "Image Software": "SlidePlayer", "Image YCbCrPositioning": "Centered"}