Tourism is the world’s largest and fastest growing industry. It is an invisible export, which earns valuable foreign exchange without any significant or tangible loss of internal resources. It is a source of revenue and employment. There are countries in the world whose main source of revenue is tourism. India is a country with a great potential for tourism. In addition to her places of ancient historical and archaeological interests, her varied wild life sanctuaries, beach resorts and winter sports attract tourists from all over the world.
Indian Tourism Development Corporation is a public sector undertaking, whose main task is development of a sound foundation of tourist infrastructure. Founded in 1966, the Corporation has made phenomenal progress during the last 12 years. It provides a unique range of tourist services. In 1973, an estimated 215 million people crossed international borders, spending the equivalent of US $ 28 billion. India’s share in the world tourist traffic is small but it is increasing continuously. India received 179,565 tourists in 1967, 280,821 in 1970, 409,895 in 1973 and 423,610 in 1974 and the foreign exchange earnings in terms of rupees for these years were Rs. 25’2 crores, Rs. 38’0 crores, Rs. 67’5 crores and Rs. 69’7 crores respectively. The earning from tourism in 1974 ranked as the 12th largest amount in the country’s total foreign exchange packet. Tourism in India made remarkable progress in 1976. Tourist traflBc to this country crossed the 500,000 mark, recording an impressive increase of 15 per cent over the tourist arrivals in 1975. Nearly 5’3 lakh foreign tourists visited our country during 1976 as against 4’65 lakh in 1975. There was a corresponding increase in foieign exchange earnings from tourism, which rose to Rs. 120 crores. Tourist arrival showed an increase of 19’9% during 1977 over the previous year, with an estimated 6’4 lakhs (excluding the nationals of Pakistan and Bangla Desh) tourists visiting India. India’s...
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