Uttarakhand to be funded by Asian Development Bank

In an announcement, Uttarakhand government would sign an agreement with the Manila-based Asian Development Bank (ADB) for getting a loan of $350 million to boost up Uttarakhand infrastructure for travel and tourism. Under this infrastructure facilities like roads, bridges, water supply and sanitation system would be strengthened in 31 cities and towns of the state.

The agreement is expected to be signed early coming month. The cities where the government intends to strengthen infrastructure facilities include Dehra Dun, Nainital, Haridwar, Haldwani, Mussoorie, Rishikesh, New Tehri, Pauri and Almora.