UP tourism to obtain US$40 Mn loan agreement from the World Bank

Published on : Wednesday, January 3, 2018

UP tourismWith the World Bank, India recently signed a loan agreement of $40 million value for a ‘UP Pro-Poor Tourism Development Project’ targeted in growing benefits related to tourism for local communities based in Uttar Pradesh. The project cost is roughly US$ 57.14 million in total, of which $40 million will be funded by the Bank, while the remaining sum will be financed out of state budget, as mentioned in a recent report published by the Finance Ministry. The duration of the program is five years.

 
The purpose is to boost the benefits in terms of tourism for local communities in targeted destinations. The project is anticipated to have extensive, economic, social and environmental advantages by aiming local communities and entrepreneurs close to the prime tourist and pilgrimage attractions in Uttar Pradesh, like, Agra, Mathura, Barsana, Vrindavan, and Govardhan in the Braj region.

Tags:

Leave a Reply

Your email address will not be published. Required fields are marked *

*

You may use these HTML tags and attributes: <a href="" title=""> <abbr title=""> <acronym title=""> <b> <blockquote cite=""> <cite> <code> <del datetime=""> <em> <i> <q cite=""> <s> <strike> <strong>

arrow2Follow TTW
 
facebook-logo  twitter-logo  LinkedIn_logo  stumbleupon-logo   rss_logo 
ttw_blogger_logo  ttw_blogger_logo  ttw_blogger_logo

ADVERTISEMENT

  • 03 IMEX 2018
  • 05 itb-china 2018
  • 06 PATA ORG 2018
  • 06 THSA 2018
  • 07 Digital-Travel-2018
  • 08 ShanghaiWTF 18
  • 09 APHIC 18
  • 09 brainlinx 2018
  • 10 Digital Travel Summit EU 2018
  • 10 ITE 2018
  • 11 questexevents 18
  • 12 Traveldaily 18
  • 30 PATA

TRAVEL INDUSTRY EVENTS

Get our toolbar!
Review www.travelandtourworld.com on alexa.com