GoI signs Loan Agreement with ADB

Q.  Government of India has signed a loan with ADB for USD 123.51 million for upgrading tourism infrastructure and services in which states?
- Published on 29 Sep 15

a. Punjab
b. Uttarakhand
c. HP
d. All of the above

ANSWER: All of the above
 
GoI has signed a loan with ADB for USD 123.51 million for tranche 3 of the Infrastructure Development Investment Program for Tourism to upgrade tourism infrastructure and services in Punjab, Uttarakhand and Himachal Pradesh. Loan will be utilised for development and conservation of tourist attractions and enhance basic tourism facilities. It will also be used to build the capacity of sector agencies and local communities in the States of Himachal Pradesh, Uttarakhand and Punjab. The third tranche loan comprises of the $250 million multi-tranche financing facility that ADB approved in 2010. Greater than 4000 individuals are set to be trained in tourism related skills and 30 community based societies will be made operational for managing natural and cultural heritage sites.

Related Content

➨ Post your comment / Share knowledge


Enter the code shown above:

(Note: If you cannot read the numbers in the above image, reload the page to generate a new one.)
▲