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The service sector dominates the Kerala economy with the state leading many other Indian states in terms of per capita GDP and economic productivity. Tourism is one of the fastest growing sub- sectors in which eco-tourism, a new form of tourism, has been gaining wide popularity in Kerala over the last two decades. Practice of eco-tourism is expected to bring in drastic changes especially in the areas of economic benefits to local people, maint...

There has been an accepted view among the academicians and policymakers that the shift in BoP financing from debt to non-debt flows would expect to remove the vulnerabilities in India's BoP. There must be a shift in the finance from debt to non-debt capital flows and minimisation of current account deficit was the two main recommendations of Rangarajan committee. Available evidence hardly shows any evidence of strengthening in India's balance ...