Recession and Inflation the Biggest Enemies of Tourism in India

If we consider the hurdles which arrest growth of Tourism in India then more precisely they are Recession and Inflation. Recession in India is directly related to the recession in some of the most advanced countries like Europe and America. While inflation in India is a curse to the Indian economy which curbs its growth and blocks progress of the nation.

Recession is a once in a blue moon factor, while inflation is the recurring evil which tries to destabilize the nation as a whole. Recession in India being the after effect of recession in other countries it is very difficult to resist Because whenever these countries face a downwards moving economy they start cutting on expenses by reducing jobs for oversees candidates or reducing the salaries to an irrelevant level. Any of the two implications force Indians which are settled in these countries for a turn back to their home country, which increases the already existing stress on the Indian economy. The country which is suffering from the evils of population growth, inflation and climatic disasters in which agriculture is frequently heat by irregular rains and lack of water supply. India even though is having plenty of resources they are becoming scarce due to the growing number of consumers which destroy the ratio of resources to the users of resources.

Weakness in the political leadership of the nation and inability to dig out huge amounts of black money has taken the country on the verge of collapse for a couple of times. And the present highest inflation rate is signaling a danger standing ahead in the path of growth and progress. If we limit our discussion only to the Indian tourism sector then the concept of Time share seems to be the best alternative for avoiding the worst effects of inflation, since you are safe guarded by the onetime payment which you are doing while availing the membership. So is it not the best way to secure your holidays for next fifteen to twenty-five years.