ECONOMICAL COMPETENCE OF INDIA TOURISM DEVELOPMENT CORPORATION

  • Shankar Prasad S

Abstract

Tourism is one of India's major service sector, leading about 9.6 percent to gross domestic output and is the country's third major source of income exchange revenue. In 1986, this segment was authorized as an industry by the Indian government and subjected to several opportunities as well as facilities such as tax breaks, subsidies, etc. In addition, the tourism industry in 1991 was also declared a priority field for foreign investment. Consequently, it is necessary to examine this company's operational activities and financial soundness. The present review is an attempt to analyze the evaluate performance of ITDC over various years in terms of both its financial output and operational activities. The results indicated that the efficiency and results of operations of this company were adequate over the study period. The study also indicates that the ITDC is doing well in maintaining and upgrading the tourism systems and services the requisite facilities for national and international tourists.

 

Published
2019-07-30
Section
Articles