web analytics
Punjab NewsLine
PUNJAB NATIONAL POLITICS ENTERTAINMENT
Sukhbir rubbishes Bajwa’s charge of rigging ZP, block polls UPA made growth more inclusive: PM BJP set for hattrick of sitting in opposition: Cong 'Yeh Jawaani Hai Deewani' ties up with hair oil brand
 

Rs.454-crore ADB loan for Himachal tourism development


Rs.454-crore ADB loan for Himachal tourism development

SHIMLA: Himachal Pradesh has got a multi-million dollar loan from the Asian Development Bank (ADB) for developing tourism infrastructure and services, an official statement said here Sunday.

"The ADB has agreed in principle to fund various tourism development projects amounting to Rs.454 crore in different parts of the state," said the statement, quoting Chief Minister Prem Kumar Dhumal.

A government spokesperson said the loan to Himachal Pradesh is part of the lender's sanctioned loan of $250 million (about Rs.1,150 crore) to three other states - Punjab, Tamil Nadu and Uttarakhand.

The loan has a 25-year repayment period.

The loan to Himanchal Pradesh would be utilised for improving infrastructure around natural and cultural heritage sites.

Shimla, fondly called by the British as the "Queen of Hills", has 91 British-era heritage buildings.

These include Ellerslie housing the state secretariat, Vidhan Sabha, Peterhoff which was completely renovated after being devastated in a fire nearly two decades ago and now serves as the state guest house, United Services Club, Town Hall, Barnes Court housing Raj Bhavan, Viceregal Lodge housing the Indian Institute of Advanced Studies and Gordon Castle.

Himachal Pradesh attracted 11,437,155 tourists, including 400,583 foreigners, last year. Kullu and Manali are the hotspots for tourists, followed by Shimla and Dharamsala.

Punjab
click here to read more latest news

National
click here to read more latest news

Poll

Should Sukhbir Singh Badal be elevated to the post of Punjab Chief Minister?

Yes
No


PUNJAB HEADLINES
India enriched with 49K plant, 81K animal species: Neelma Jerath

• 50,000 acres to be brought under fish farming in...

• Sukhbir rubbishes Bajwa’s charge of rigging ZP,...

• Apologize for using cheap language against Bajwa:...

• Vindu owns property worth hundreds of crores in Mohali

• Maharaja Ranjit Singh vocational skill improvement...

• State Election Commission declares result of ZP/PS...

• KCA student shines in International Boxing Event in...

India enriched with 49K plant, 81K animal...

ENTERTAINMENT
MUMBAI:A hair oil brand, endorsed by Bollywood actress Deepika Padukone, has come on board as the official partner of her forthcoming movie "Yeh Jawaani Hai Deewani".Directed by Ayan Mukerji, the movie, which stars Deepika and her former beau Ranbir Kapoor, is produced by Dharma Productions. A TV commercial highlighting the association between Parachute Advansed Tender Coconut Hair Oil and...

Kunal Roy Kapoor in search of hero...

This IPL is exceptional: Big B

Latest Media

Stay Connected with Punjabnewsline.com
 
Sign Up For News Letter
Please fill out the form below to Sign Up
All fields marked with an [*] are mandatory
Name*
Phone*
E-Mail*
Address*
 
Close

NewsFeed   |  India   |  Education   |  Politics  |   World   |   Business   |    Health  |   Opinion   |   Entertainment   |  Photos   | Videos   |   Sports   |   About