Which organization approved a $162 million loan for sustainable tourism development in Himachal Pradesh?

A)
World Bank
B)
International Monetary Fund
C)
Asian Development Bank
D)
United Nations Development Programme

Correct Answer :   Asian Development Bank


The Asian Development Bank (ADB) approved a $162 million loan to support sustainable tourism in Himachal Pradesh.

The funds will be used to upgrade infrastructure and heritage sites such as Naggar Castle and cultural centers, alongside the construction of a convention center in Kangra.

This initiative aims to enhance tourism in the region while focusing on environmentally friendly solutions and accessibility improvements. ADB's contribution is significant in promoting eco-friendly tourism and local development.

Published On : October 5, 2024