Lok Sabha Question No. 3055 (UNSTARRED), answered on 2016-12-05
Subject: Loan for Development of Tourism
Ministry: TOURISM
Asked by: FEROZE VARUN GANDHI

## GOVERNMENT OF INDIA MINISTRY OF TOURISM

## LOK SABHA UNSTARRED QUESTION NO.3055 ANSWERED ON 05.12.2016

## LOAN FOR DEVELOPMENT OF TOURISM

## 3055. SHRI FEROZE VARUN GANDHI:

Will the Minister of TOURISM be pleased to state:

- (a) whether  the  World  Bank  and  Asian  Development  Bank  have funded certain tourism projects in the country for the development  of  tourism  infrastructure  and  if  so,  the  details therof; State/UT-wise;
- (b) the list of the projects  planned to  utilize the  money received and the status of the projects along with the time by which the said projects are likely to be completed;
- (c) whether  the  Government  is  considering  for  funding  of  such projects by using PPP mode and if so, the details thereof and if not, the reasons therefor; and
- (d) the details of the other loans taken from various international institutions  for  these  tourism  projects  during  the  last  five years?

## ANSWER

MINISTER OF STATE FOR TOURISM (INDEPENDENT CHARGE) (DR. MAHESH SHARMA)

(a) to (d): Details  of  financial  assistance  received  from  the  World Bank  for  development  of  the  tourism  sector  in  the  country  during the last five years are as follows:

The Ministry of Tourism, Government of India, the Departments of  Tourism  of  the  Governments  of  Bihar  and  Uttar  Pradesh  and International  Finance  Corporation  (World  Bank  Group)  had  entered into  an  agreement  in  October  2013  to  cooperate  in  upgrading  the quality of  services  and  goods  provided  for  tourists  along  the

'Buddhist  Circuit'  in  India.    The  project  has  been  completed.  The contributions for the project (Phase-I) were as follows:

Total Cost : Rs. 450 lakh

| IFC - 40% of the project cost in Phase-I                                            | Rs. 180 lakh                      |
|-------------------------------------------------------------------------------------|-----------------------------------|
| Ministry of Tourism - 50% of the project cost in Phase-I                            | Rs. 225 lakh                      |
| State Governments of Uttar Pradesh & Bihar - 5% each of the project cost in Phase-I | Rs. 45 lakh (Rs. 22.50 lakh each) |

The  details  of  financial  assistance  received  from  the  Asian Development  Bank  for  development  of  the  tourism  sector  in  the country may be seen at annexure.

A  loan  Agreement  was  signed  between  Government  of  India (Department  of  Economic  Affairs,  Ministry  of  Finance)  and  Japan International  Cooperation  Agency  (JICA)  in  March  2003  for  Ajanta Ellora Development Project-II. The loan became effective from 31 st July  2003  (Loan  Agreement  No.  ID  -  P150).  The  places  covered under the project are Daulatabad, Patnadevi, Lonar in Maharashtra. The work on all the components of the project is over.   The validity of  loan  for  above  project  expired  on  31 st   July  2014.  The  total expenditure incurred on the project is INR 250.30 crore approx.

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## ANNEXURE

STATEMENT IN REPLY TO PARTS (a) TO (d) OF LOK SABHA UNSTARRED QUESTION NO.3055 ANSWERED ON 05.12.2016 REGARDING LOAN FOR DEVELOPMENT OF TOURISM.

## Details of Tourism Projects with Assistance from the Asian Development Bank

|   Sl. No. | Loan No.   | Loan Name                                                            | State(s)                                 | Loan Amount (in $ million)                                        | Completion Date   |
|-----------|------------|----------------------------------------------------------------------|------------------------------------------|-------------------------------------------------------------------|-------------------|
|         1 | 2676- IND  | Infrastructure Development Investment Program for Tourism, Project 1 | Punjab and Himachal Pradesh              | Total - 43.42 Punjab - 20.32 Himachal Pradesh- 23.10              | 30 June 2017      |
|         2 | 2833- IND  | Infrastructure Development Investment Program for Tourism, Project 2 | Tamil Nadu and Uttarakhand               | Total - 43.84 Tamil Nadu - 20.56 Uttarakhand - 23.28              | 31 December 2017  |
|         3 | 3223- IND  | Infrastructure Development Investment Program for Tourism, Project 3 | Punjab, Himachal Pradesh and Uttarakhand | Total - 123.51 Punjab - 41.66 Himachal Pradesh- 43.51 Uttarakhand | 30 June 2020      |
|         4 | 2578- IND  | South Asia Tourism Infrastructure Development Project - India        | Sikkim                                   | Total - 12.00                                                     | 15 September 2016 |

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