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Japan Bank's loan for Ajanta-Ellora

April 26, 2005 11:08 IST
Japan Bank for International Cooperation has approved a loan of 7331 million yen for the development of Ajanta Ellora Phase II.

The project is currently under implementation, Tourism Minister Renuka Chowdhary said.

She said Uttar Pradesh Buddhist circuit development project is also being processed for JIBC loan assistance of 9495 million Japanese yen.

"Loan assistance from JIBC was availed earlier for the development of Buddhist circuit in Uttar Pradesh and Bihar to the tune of 9244 million yen and for development of Ajanta Ellora Phase I to the tone of 3745 million yen," the Minister added.

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