Impact of Natural and Man-Made Disasters and Its Effect on Toppling of Tourism Industry

Abstract

In India as well as the rest of the globe, all three sectors are extremely important for the production of GDP. The service sector, which is one of these, has been seeing growth over the past few years. An essential subset of the service sector and industrial sector has been the tourist business. The tourism business has been thriving for many years, giving all the related industries a significant chance. The growth of India's economy has been greatly aided by the tourism sector, which draws a significant amount of both local and foreign visitors for both business and leisure travel.  In addition to providing income to towns and nations around the world, tourism also helps the destination by creating jobs for locals. Indian heritage sites, festivals, and natural beauty are all very well-liked by visitors.

 Natural and man-made calamities have been affecting the nation's tourism business for many years. Humans are severely affected by natural disasters, which severely disrupt their societal and financial lives. India's catastrophe zone region includes the states of Uttarakhand and Himachal Pradesh. These two states have the highest tourism business.

 A healthy economy is crucial for the rather vulnerable economic tourism industry to thrive. The reaction of the tourism industry to a disaster demonstrates how vulnerable the sector is to unexpected alterations in the local economy. The other prior research that supports the idea that natural and man-made catastrophes will have a detrimental impact on employment in the tourism industry will be highlighted in this thesis. The paper mainly focuses on the economic effects of disasters that have occurred in the last 20 years. For the statistics, it was primarily the 2013 floods in Kedarnath that had a significant impact on all of northern India.