Wednesday, May 25, 2011

'Tourism '- As a foreign currency earner industry.

Tourism constitutes travel abroad from country to country. All the goods and services which are concerned with and facilitate travel relates to tourism industry. Tourist lodge, motel, hotel, restaurants, resort, travel agency, skying, gliding, white water rafting, bunzy jumping, canopying cable car, pony trecking, hot air ballooning, treaking, golf course, polo, handicrafts, etc are the tourism related professions of Nepal. The importance of tourism as a foreign exchange earner industry has been recognised first five year plan. Its importance is increasing day by day as a basis of economic development. Nepal earn over 36.3% of their total export earning of foreign currency from tourism. (Economic survey 2065/066, page 123). For Nepal, it is important not only as foreign currency earner industry but also as employment generation sector.

Tourism is a correct or unfavorable balance of payment position. Foreign exchange from tourism has proved helpful in reducing unfavourable balance of trade. Tourists are interested in buying handicrafts goods. Handicraft industries develop rapidly solving unemployment problem. As tourist come more, people get more opportunity for tourism related job. Government receives more income from tourism in the form of taxes, royalties; fees etc. Tourism industry facilitates cultural exchange. Tourists are known as cultural ambassador. Tourism promotes business because most of the tourists visit abroad for business purposes. Remote areas become accessible and develop because of the increasing transportation facilities. It also facilities to train and develop human resources. From these pictures, it is clear that tourism industry as an asset of Nepal.

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