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,
Bandi Chhor Divas 2026 will be celebrated on Sunday, November 8, coinciding with Diwali. The…
One of the most popular festivals originating from India, Diwali, also known as Deepavali, has…
Diwali, also known as Deepawali, is one of India's major festivals and is celebrated by…
The holy city of Ayodhya in the state of Uttar Pradesh is a well-known "Diwali…
Diwali, also known as Deepawali, is one of India's most widely celebrated festivals. Known as…
Deepavali, also known as Diwali, is one of the India's most widely celebrated festivals. Which…