Forgot password?
Home » Headlines
Foreign assistance for Tourism development is a continuous process
  • March 2018

Certain tourist places/circuits in the country are developed with the assistance of various International Agencies/foreign banks including World Bank and Asian Development Bank. According to Union Minister for Tourism  Mr.K J Alphons,  Development of more tourist places/circuits in the country with foreign assistance is a continuous process.The  External Assistance received for the development of tourism infrastructure and other related activities are Buddhist Circuits in Uttar Pradesh and Bihar (Phase-I) (1988-1998), Ajanta- Ellora Conservation and Tourism Development Project (Phase-I) (1992-2002), Ajanta Ellora Conservation and Tourism Development Project (Phase-II): An agreement for Rs.450 lakhs was signed between the Ministry of Tourism, Government of India, the Departments of Tourism of the Governments of Bihar and Uttar Pradesh and the International Finance Corporation (World Bank Group) in 2013 to cooperate in upgrading the quality of services and goods provided for tourists along the “Buddhist Circuit” in India. The project has been completed and the strategy for integrated tourism development of the Buddhist Circuit in Bihar and Uttar Pradesh. South Asia Tourism Infrastructure Development project (SATIDP)-India: SATIDP-India with an Asian Development Bank (ADB) loan of $20 million was approved by ADB on 16th November 2009, signed on 4th October 2010 and made effective on 25th January 2011, focuses on the state of Sikkim. Infrastructure Development Investment Program for Tourism (IDIPT): IDIPT was approved by ADB on 4th October 2010 as a Multitranche Financing Facility (MFF) for $250 Million. The World Bank has approved a loan of the amount of US$ 40 Million for the Uttar Pradesh Pro-Poor Tourism Development project on December 20, 2017.



Add Your Comments