IMPACT OF THE TOURISM SCENARIO IN THE TAMIL NADU ECONOMY

Abstract

Tourism is important for the economy of Tamil Nadu. Emerging states like Tamil Nadu Tourism have become one of the key sectors of the economy, which contributes greatly to GDP and employment. Tourism is one of the greatest growing service industries in the country with excellent potential for further increase and diversification. Tourism plays an important role in the economic growth of any state. This significantly helps the government to make jobs for a large number of people. Moreover, it is one of the imperative engines that attract more foreign exchange with its force. We need to focus on liberal policies, reduction of taxes, comprehensive packages and the impact on tourism and foreign investment.