India, ADB Sign $126.4M Deal for Uttarakhand Tourism
In a major push for sustainable tourism and rural development, the Government of India and the Asian Development Bank (ADB) signed a $126.42 million loan agreement on 10 September 2025. The funds will support the Sustainable, Inclusive, and Climate-Resilient Tourism Development at Tehri Lake Area Project in Tehri Garhwal district, Uttarakhand.
The agreement was signed by Juhi Mukherjee, Joint Secretary in the Department of Economic Affairs, and Kai Wei Yeo, Officer-in-Charge of ADB’s India Resident Mission.
The Tehri Lake region in Tehri Garhwal district—a region marked by economic underdevelopment and high climate vulnerability—has been identified as a priority development zone. The project aims to make Tehri an all-weather tourism destination while ensuring economic inclusion, environmental sustainability, and climate resilience.
The project is set to benefit,
The project adopts a multisectoral, inclusive approach. Major interventions include,
Crucially, the project includes universal access features for persons with disabilities, ensuring inclusivity.
To ensure broad-based participation, the project integrates,
This project aligns with multiple policy priorities,
Chief Executive Officer and Managing Director of Air India Campbell Wilson has stepped down before…
Government of India has officially declared the Amaravati as the sole capital of Andhra Pradesh…
The impeachment motion against the Chief Election Commissioner (CEC) Gyanesh Kumar has been rejected by…
Vinay Tonse has officially taken charge as the Managing Director and CEO of YES Bank.…
Divya Singh from the Uttar Pradesh has achieved the remarkable feat as she cycling to…
World Health Day 2026 is observed on 7th April and will brings the strong global…