Tehri Lake, Sept. 11 -- The Asian Development Bank (ADB) and the Government of India yesterday signed a $126.42 million loan agreement to promote rural development through sustainable and climate-resilient tourism in the Tehri Lake region of Uttarakhand, as per a press release by Ministry of Finance.

The signatories to the Sustainable, Inclusive, and Climate-Resilient Tourism Development at Tehri Lake Area Project were Juhi Mukherjee, Joint Secretary, Department of Economic Affairs, Ministry of Finance for the Government of India, and Kai Wei Yeo, Officer-in-Charge, India Resident Mission, for ADB.

"The ADB loan supports the Government of Uttarakhand's policy to position the state as a diversified, all-weather tourism destination, with ...