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,
India’s Smart Cities Mission (SCM), launched in 2015, is entering its final stretch with an…
Welcome to the November 2025 Edition of the Affairs PDF – your all-inclusive monthly guide to…
The Reserve Bank of India (RBI) recently announced two major liquidity measures, a ₹1 trillion…
The ocean is full of amazing and mysterious creatures, many of which are rarely seen…
Russian President Vladimir Putin’s 2025 state visit to India marked a major diplomatic milestone, reviving…
In a major boost to Digital India, the Ministry of Electronics and Information Technology (MEITY)…