India, Sept. 11 -- The Government of India and the Asian Development Bank (ADB) have signed a $126.4 million loan agreement to promote sustainable and climate-resilient tourism in the Tehri Lake region of Uttarakhand. The pact, signed by Juhi Mukherjee, Joint Secretary, Department of Economic Affairs, Ministry of Finance, and Kai Wei Yeo, Officer-in-Charge of ADB's India Resident Mission, supports the Sustainable, Inclusive, and Climate-Resilient Tourism Development at Tehri Lake Area Project.
The initiative seeks to transform Tehri Lake into a diversified, all-weather tourism destination, aligning with Uttarakhand's vision for rural development and job creation. It targets the climate-vulnerable Tehri Garhwal District, aiming to benefit m...