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Business News›News›India›Asian Development Bank approves funding of Rs 1294
crore for various developmental projects in Tehri District



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ASIAN DEVELOPMENT BANK APPROVES FUNDING OF RS 1294 CRORE FOR VARIOUS
DEVELOPMENTAL PROJECTS IN TEHRI DISTRICT

SECTIONS
Asian Development Bank approves funding of Rs 1294 crore for various
developmental projects in Tehri District
By
Anumeha Chaturvedi

, ET BureauLast Updated: Mar 12, 2024, 11:26:00 PM IST
Synopsis


SACHIN KURVE, SECRETARY, TOURISM, AND CEO OF UTTARAKHAND TOURISM DEVELOPMENT
BOARD SAID THAT IN ORDER TO PROMOTE SUSTAINABLE INCLUSIVE, CLIMATE RESILIENT
TOURISM, AND FOR THE DEVELOPMENT OF DESIGNATED AREAS IN TEHRI, THE STATE DECIDED
TO DEVELOP TEHRI LAKE AND SURROUNDING AREAS AS A “SPECIAL TOURIST AREA” AFTER
WHICH TEHRI SPECIAL AREA DEVELOPMENT AUTHORITY (TADA) WAS ESTABLISHED UNDER THE
TEHRI SPECIAL AREA DEVELOPMENT ACT 2013.

IANS
The Department of Tourism, Government of Uttarakhand on Wednesday said that
Tehri is set for a makeover with several developmental projects on the anvil for
which the Asian Development Bank (ADB) has approved a funding of Rs 1294 crore.

The projects will be funded in a ratio of 80:20 with ADB bearing 80% of the
expenditure and the Uttarakhand government bearing 20% of the expenses.



Sachin Kurve, Secretary, Tourism, and CEO of Uttarakhand Tourism Development
Board said that in order to promote sustainable inclusive, climate resilient
tourism, and for the development of designated areas in Tehri, the state decided
to develop Tehri Lake and surrounding areas as a “Special Tourist Area” after
which Tehri Special Area Development Authority (TADA) was established under the
Tehri Special Area Development Act 2013.


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He said what followed were a series of consultations with the Department of
Economic Affairs, the central government, and proposals to ADB, which have now
fructified with a Project Management Unit (PMU) being set up under the
Uttarakhand Tourism Development Board (UTDB) to oversee the implementation of
the entire project.

Kurve further stated that the project, spread over a period of six years is
expected to take up several infrastructure development activities in the region,
which are expected to give a boost to tourism business activity.


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According to him, while the project is aimed at the development of tourism
infrastructure, there shall be a focus on the enhancement of green cover,
livelihood generation, solid and liquid waste management and 'minimal'
disruption to the natural and socio-cultural standards.



The department of tourism said seven projects have been identified to be
accomplished on a 'priority' basis.



These include a tourism road from Koti Colony to Dobra Chanti Bridge which will
have a dedicated cycling track, view points, and a dedicated hawker area and a
cultural haat and Uttarakhand architecture themed park at Dobra-Chanti.

The department of tourism said another important feature of the developmental
activities shall be stakeholder consultations which will include citizens of the
area, hotel and homestay operators and other sections of the society to ensure
that the developmental goals are met in accordance with local participation.






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READ MORE NEWS ON

UttarakhandAsian Development BankTehri Districtdevelopmental
projectsTourismmakeoverfundinginfrastructure developmentDepartment of Tourism

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   to build new products and services based on user interactions, the type of
   audience, etc. This specific purpose does not include the development or
   improvement of user profiles and identifiers.
   
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   Object to Legitimate Interests Remove Objection

 * USE LIMITED DATA TO SELECT CONTENT 109 PARTNERS CAN USE THIS PURPOSE
   
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   Content presented to you on this service can be based on limited data, such
   as the website or app you are using, your non-precise location, your device
   type, or which content you are (or have been) interacting with (for example,
   to limit the number of times a video or an article is presented to you).
   
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   Object to Legitimate Interests Remove Objection

List of IAB Vendors‎

USE PRECISE GEOLOCATION DATA 233 PARTNERS CAN USE THIS SPECIAL FEATURE

Use precise geolocation data


With your acceptance, your precise location (within a radius of less than 500
metres) may be used in support of the purposes explained in this notice.

List of IAB Vendors‎

ACTIVELY SCAN DEVICE CHARACTERISTICS FOR IDENTIFICATION 113 PARTNERS CAN USE
THIS SPECIAL FEATURE

Actively scan device characteristics for identification


With your acceptance, certain characteristics specific to your device might be
requested and used to distinguish it from other devices (such as the installed
fonts or plugins, the resolution of your screen) in support of the purposes
explained in this notice.

List of IAB Vendors‎

ENSURE SECURITY, PREVENT AND DETECT FRAUD, AND FIX ERRORS 473 PARTNERS CAN USE
THIS SPECIAL PURPOSE

Always Active

Your data can be used to monitor for and prevent unusual and possibly fraudulent
activity (for example, regarding advertising, ad clicks by bots), and ensure
systems and processes work properly and securely. It can also be used to correct
any problems you, the publisher or the advertiser may encounter in the delivery
of content and ads and in your interaction with them.

List of IAB Vendors‎ | View Illustrations 

DELIVER AND PRESENT ADVERTISING AND CONTENT 471 PARTNERS CAN USE THIS SPECIAL
PURPOSE

Always Active

Certain information (like an IP address or device capabilities) is used to
ensure the technical compatibility of the content or advertising, and to
facilitate the transmission of the content or ad to your device.

List of IAB Vendors‎ | View Illustrations 

MATCH AND COMBINE DATA FROM OTHER DATA SOURCES 332 PARTNERS CAN USE THIS FEATURE

Always Active

Information about your activity on this service may be matched and combined with
other information relating to you and originating from various sources (for
instance your activity on a separate online service, your use of a loyalty card
in-store, or your answers to a survey), in support of the purposes explained in
this notice.

List of IAB Vendors‎

LINK DIFFERENT DEVICES 302 PARTNERS CAN USE THIS FEATURE

Always Active

In support of the purposes explained in this notice, your device might be
considered as likely linked to other devices that belong to you or your
household (for instance because you are logged in to the same service on both
your phone and your computer, or because you may use the same Internet
connection on both devices).

List of IAB Vendors‎

IDENTIFY DEVICES BASED ON INFORMATION TRANSMITTED AUTOMATICALLY 441 PARTNERS CAN
USE THIS FEATURE

Always Active

Your device might be distinguished from other devices based on information it
automatically sends when accessing the Internet (for instance, the IP address of
your Internet connection or the type of browser you are using) in support of the
purposes exposed in this notice.

List of IAB Vendors‎

SAVE AND COMMUNICATE PRIVACY CHOICES 309 PARTNERS CAN USE THIS SPECIAL PURPOSE

Always Active

The choices you make regarding the purposes and entities listed in this notice
are saved and made available to those entities in the form of digital signals
(such as a string of characters). This is necessary in order to enable both this
service and those entities to respect such choices.

List of IAB Vendors‎ | View Illustrations 
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