Abstract: It is rightly said that sustainable tourism is important as it generates sustainable local economies. Moreover, sustainable development is a must for any country to achieve Economic development. India is remarkably known for its rich diverse heritage. It is also well-known for all types of tourist destinations at one place. The purpose behind this research study indicates that sustainable tourism not only maintains environmental balance but also boosts the Economic growth and development of a country. The objective of this research shows India’s present need of Economic development without hampering the environment. The research work also shows that India, despite being one of the fastest developing economies in the world, is still a developing country and not a developed country yet. India is classified as the world’s fifth biggest economy by nominal GDP and the third largest by purchasing power parity. According to the IMF, on a per capita basis, India ranked 142nd by GDP and 119th by GDP per capita in the year 2018. In spite of all these factors it is seen that the Indian Economy is still lagging behind the developed economies. The paper also provides a theoretical framework on how sustainable tourism helps to create employment opportunities without compromising the socio-cultural and environmental heritage, finally leading India to achieve sustainable development resulting it to enter into a path of developed nation.

Keywords: local economies, hampering, socio-cultural, fastest developing economies, theoretical framework.

| DOI: 10.17148/IARJSET.2021.81009