Title

Impact of pandemic on world tourism industry-a special reference to India

Abstract/Description

In the post-World war era, the global economy has never encountered a debacle having equal damaging impact as has been done by COVID-19. The disruption in activities and daily life in most part of the world due to the imposition of lockdown to contain the pandemic contributed heavily towards steep decline in the economic scenario. Tourism which is basically based on travel and communication is obviously one of the sectors worst affected by this pandemic. Tourism is one of the world’s major economic sector and simultaneously it is the third largest export sector of global economy. For some countries it is contributing even 20% of GDP and in India it is 6.8%. The pandemic and the imposition of lockdown could reduce the global GDP by 1.5 to 2.8% and simultaneously 100 million direct tourism jobs are at risk. Similar impacts are visible in India also. The objective of our study is to analyze the impact of lockdown on global tourism with a special reference to India. For this purpose, we would do a comparative study of pre and post lockdown period in India and also globally to analyze the impact of pandemic. The variables chosen are contribution of tourism in GDP in India and globally, contribution of tourism in employment generation in India and globally. The study is done graphically and it is based on secondary data. Also, an attempt has been made to innovate feasible measures to bring back tourism to the state where it was before the pandemic. A revival package by the Government will work as a booster for the industry in the current situation. The less explored domestic tourism utilizing the local resources can be a prominent ray of hope and should be provided its due weightage.

Session Theme

Tourism, Culture and Economic Growth - Session IIB

Session Type

Parallel Technical Session

Session Chair

Dr. Sahar Nadeem Chairperson - Department of Social Sciences & Liberal Arts IBA Karachi

Session Discussant

Dr. Qaiser Munir Professor - Institute of Business Administration Karachi

Start Date

7-4-2021 2:29 PM

End Date

3-4-2021 4:00 PM

Comments

Rivu Sanyal: Assistant Professor. Dept.of Economics. Charuchandra College , Kolkata. Susmita Banerjee: Associate Professor. Dept.of Economics. Charuchandra College , Kolkata

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Apr 7th, 2:29 PM Apr 3rd, 4:00 PM

Impact of pandemic on world tourism industry-a special reference to India

In the post-World war era, the global economy has never encountered a debacle having equal damaging impact as has been done by COVID-19. The disruption in activities and daily life in most part of the world due to the imposition of lockdown to contain the pandemic contributed heavily towards steep decline in the economic scenario. Tourism which is basically based on travel and communication is obviously one of the sectors worst affected by this pandemic. Tourism is one of the world’s major economic sector and simultaneously it is the third largest export sector of global economy. For some countries it is contributing even 20% of GDP and in India it is 6.8%. The pandemic and the imposition of lockdown could reduce the global GDP by 1.5 to 2.8% and simultaneously 100 million direct tourism jobs are at risk. Similar impacts are visible in India also. The objective of our study is to analyze the impact of lockdown on global tourism with a special reference to India. For this purpose, we would do a comparative study of pre and post lockdown period in India and also globally to analyze the impact of pandemic. The variables chosen are contribution of tourism in GDP in India and globally, contribution of tourism in employment generation in India and globally. The study is done graphically and it is based on secondary data. Also, an attempt has been made to innovate feasible measures to bring back tourism to the state where it was before the pandemic. A revival package by the Government will work as a booster for the industry in the current situation. The less explored domestic tourism utilizing the local resources can be a prominent ray of hope and should be provided its due weightage.