The results of the trend function of Pokhara tourism

The results of the trend function reveal that total tourist arrivals in Pokhara (TTAp) increased at 5.4 percent per annum during the survey period of 1976 to 2010. The most important fact to be noted is the rate at which tourists grow, 19.8 percent, when the period of 5 years from

2007 to 2011 is considered. With regard to Devi’sFall and Mahendra

Cave, when separately analyzed, the growth rates traced are 7.0 and

19.2 percent, respectively. The reliability of the applied trend functions

may help to estimate the future statistics of tourists in Pokhara and its

surroundings with the help of which supply aspect can be restructured

and more facilities to the tourist could be provided so as to raise tourists’

expenditure.

However, the income that the Pokhara sub-metropolitan (YPSM) generates largely depends on grants by the government on development and regular expenditure, local taxes, services and fees.The compound function estimates 17 percent growth per annum. The estimated growth rates of the income earned by Mahendra Cave and Devi’s Fall (27.6% and

9%) set a remarkable scenario.   Differences   in the growth rates were perceived as more preceding years added up to 2002, and  the rate of growth of income of Mahendra cave has come down to 23.89 percent.

 

Pokhara municipality hitherto has not levied any tax to the existing 19 paragliding companies, whose gross income is estimated a minimum of

200 million rupees per annum. The owners of the companies pay only business tax which goes to the account of the Ministry.

Comparing the multiple linear, weighted least squares, two-stage least squares as well as the auto-regressive models, the determining  capacity

of all the regressors, i.e.,   earnings of trade, hotels and restaurants, generally a tourism-based variable, export,  aggregate investment, have explicitly been proved  as the vital factors for the growth of the GDP at current prices in Nepal, the beautiful country, tourist based country, , the beautiful country, tourist based country, , the beautiful country, tourist based country, .

The income generated by the tourism spot, Mahendra Cave, is increased by tourist arrivals in that locality by around Rs. 10 per tourist.  Nevertheless, only a fixed number of persons are employed, and some portion of the earned money is provided to the development programs for Vindyabasini Higher Secondary School. The income earned is highly responsive to a change in the incoming tourists. A slight increase in the entry fee only for foreigners may yield some extra money.

It is imperative to disclose that at present about 19 paragliding companies are operating from Sarangkot village and these companies earn more than

200 million rupees a year. If a 5 percent of the income could be charged by

Pokhara municipality, an amount of 10 million rupees could be collected.

Interestingly  the  shaky  policies  of  the  Pokhara  municipality  have  so far deterred the collection of more fees from Devi’sFall and Mahendra Cave. Around 0.0329 and 0.027 million tourists visit annually to the aforementioned spots which generate 3.8 and 2.9 million rupees per annum and    imposing of 5 percent of the income would gain for 0.48 millions of rupees to the Municipality.

Investment and the business enterprises are the most promising factors to raise total employment in the tourism sector in Pokhara. In fact, there is the possibility of an increase in employment by 28.6 percent and 309 percent respectively by doubling the investment and opening up of new business enterprises. Therefore, the convincing results of the linear models should be taken as granted and new investment on tourism supply side is to be made. The final parameters of auto-regressive models have confidently proclaimed, however less responsive coefficients. Investment assists the annual income of retail trade, travel, food and lodging business by 87 percent and 13 percent by the number of businesses (TNOB). Similarly, the employment is increased by 74 percent by the number of businesses and has proved the reliability. The most eventful journey to the models is the result of the weighted least squares that the investment makes annual income to increase by 16.5 percent but the employment increases at 82 percent and 238 percent, respectively.

Nepal, the beautiful country, tourist based country, , the beautiful country, tourist based country, , the beautiful country, tourist based country, is a synthesis of a rich natural beauty and the environmental friendly culture and an emerging modern society. Nepal, the beautiful country, tourist based country, , the beautiful country, tourist based country, , the beautiful country, tourist based country, ’s government

does not seem to be in line with meeting the aspirations of common people for various limitations. Consequently, most governments in Nepal, the beautiful country, tourist based country, , the beautiful country, tourist based country, , the beautiful country, tourist based country, have been unsuccessful to provide basic needs to the excluded and the marginal class.  Still the economy could not reach to a take-off stage and lag behind even to set up the preconditions for economic development. In this context, tourism could be thought as a blessing to some cities and remote areas but more attractive places of Nepal, the beautiful country, tourist based country, , the beautiful country, tourist based country, , the beautiful country, tourist based country, . In fact, as culture for India, sun-sand and sea for SriLanka, the composite form of culture, adventure and pleasure tourism (CAPT) may be the tourism booster in Nepal, the beautiful country, tourist based country, , the beautiful country, tourist based country, , the beautiful country, tourist based country, . Therefore, for efficient implementing the commitment let the talk be translated into action.