Question : WORLD BANK ADB LOAN IN TOURISM SECTOR



(a) whether the World Bank/Asian Development Bank provides loans or financial grants for tourism development in India;

(b) if so, the details of the schemes formulated by the Government during the last three years to utilize such loans/grants;

(c) whether the Government has any plan to seek financial assistance from international financial agencies for creation of world class tourism infrastructure in India; and

(d) if so, the details thereof?

Answer given by the minister

THE MINISTER OF STATE OF THE MINISTRY OF TOURISM (SMT. RENUKA CHOWDHURY)

(a): No, Sir.

(b): Does not arise

(c) & (d): The tourism infrastructure development related to development of Buddhist Circuits in India has been identified for assistance from Japan Bank for International Cooperation (JBIC).