We all obviously remember how fun travelling is, right? All our stress gets relieved the moment we started our vacation. Travelling is also very beneficial for the economy as with increased tourism, the Foreign Direct Investment also starts to rise. This in turn helps the country in the creation of reserves that are used during emergencies. The flights have become more affordable for everyone thereby improving the conditions. However, just one and a half years ago, we witnessed something that nobody imagined even in their worst nightmares, the COVID-19 Virus.
It was so fatal and contagious that it led to a worldwide pandemic. The pandemic led to the implementation of lockdowns around the globe. All the international borders were shut and there was no travel. Even inter-state was paused during the initial stages of lockdown.
However, with the passage of time, the restrictions started to loosen up and the travel resumed. Today, many of the restrictions have been removed by the countries which will have a very beneficial effect on the economy. It will widely benefit Indian travellers. In this article, we will discuss how the loosening up of restrictions will help Indian travellers.
How travel plays a great role in economic development?
The most basic benefit of tourism is the employment which it generates. The rise in tourism directly generates a variety of employment opportunities such as tourist guides, hotels, coach staff and restaurants.
It promotes the rich culture of the country in the world which further increases the tourism prospects. Not only it helps in bringing prosperity to the economy, but it also helps the economy to generate a new source of income. It helps the country to diversify its sources of income and not just rely on a single industry to sustain itself.
Thank to the vaccination drives across the world, the countries are now easing their travel restrictions. The successful vaccination drives across the globe have reduced the…