Investing in the Buddhist Circuit : Enhancing the Spiritual, Environmental, Social, and Economic Value of the Places Visited by the Buddha in Bihar and Uttar Pradesh, India

India is one of the world’s great reservoirs of history, cultures, philosophies, and religions. The Buddhist circuit is a route that follows in the footsteps of the Buddha from Lumbini in Nepal where he was born, through Bihar in India where he att...

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Main Author: International Finance Corporation
Format: Working Paper
Language:English
en_US
Published: World Bank, Washington, DC 2017
Subjects:
Online Access:http://documents.worldbank.org/curated/en/911791487142754943/The-Buddhist-circuit-enhancing-the-spiritual-environmental-social-and-economic-value-of-the-places-visited-by-the-Buddha-in-Bihar-and-Uttar-Pradesh-India
http://hdl.handle.net/10986/26096
id okr-10986-26096
recordtype oai_dc
spelling okr-10986-260962021-05-25T08:57:35Z Investing in the Buddhist Circuit : Enhancing the Spiritual, Environmental, Social, and Economic Value of the Places Visited by the Buddha in Bihar and Uttar Pradesh, India International Finance Corporation tourism branding cultural tourism Buddhism accomodation industry competitiveness India is one of the world’s great reservoirs of history, cultures, philosophies, and religions. The Buddhist circuit is a route that follows in the footsteps of the Buddha from Lumbini in Nepal where he was born, through Bihar in India where he attained enlightenment, to Sarnath and Kushinagar in Uttar Pradesh in India, where he gave his first teachings and died. The Buddhist circuit is an important pilgrimage destination for the 450 million practicing Buddhists as well as travelers interested in history, culture, or religion. Investing in the Buddhist Circuit is the result of first-time collaboration between the Government of India’s Ministry of Tourism, the State Governments of Bihar and Uttar Pradesh, the private sector, Buddhist monasteries and sects, and the World Bank Group. The work was led by the International Finance Corporation (IFC), a member of the World Bank Group. Extensive on-the-ground data collection, consultations, and analysis were conducted. The outcome is a framework for public and private sector investment that secures and enhances the experience of the sites while unleashing the full job creation potential of tourist spending at the towns and sites, and along the Buddhist circuit. The strategy outlined in this document seeks to grow the economic impact of tourism along the Buddhist circuit by attracting higher-spending tourists and linking them to local goods and service providers. This strategy recognizes that both public and private sector investment is required to drive demand and improve quality of experience while respecting, preserving, and enhancing the religious value and significance of the sites. For more publications on IFC Sustainability please visit www.ifc.org/sustainabilitypublications. 2017-02-21T17:14:11Z 2017-02-21T17:14:11Z 2017-01 Working Paper http://documents.worldbank.org/curated/en/911791487142754943/The-Buddhist-circuit-enhancing-the-spiritual-environmental-social-and-economic-value-of-the-places-visited-by-the-Buddha-in-Bihar-and-Uttar-Pradesh-India http://hdl.handle.net/10986/26096 English en_US CC BY-NC-ND 3.0 IGO http://creativecommons.org/licenses/by-nc-nd/3.0/igo World Bank World Bank, Washington, DC Publications & Research Publications & Research :: Working Paper South Asia India
repository_type Digital Repository
institution_category Foreign Institution
institution Digital Repositories
building World Bank Open Knowledge Repository
collection World Bank
language English
en_US
topic tourism
branding
cultural tourism
Buddhism
accomodation
industry competitiveness
spellingShingle tourism
branding
cultural tourism
Buddhism
accomodation
industry competitiveness
International Finance Corporation
Investing in the Buddhist Circuit : Enhancing the Spiritual, Environmental, Social, and Economic Value of the Places Visited by the Buddha in Bihar and Uttar Pradesh, India
geographic_facet South Asia
India
description India is one of the world’s great reservoirs of history, cultures, philosophies, and religions. The Buddhist circuit is a route that follows in the footsteps of the Buddha from Lumbini in Nepal where he was born, through Bihar in India where he attained enlightenment, to Sarnath and Kushinagar in Uttar Pradesh in India, where he gave his first teachings and died. The Buddhist circuit is an important pilgrimage destination for the 450 million practicing Buddhists as well as travelers interested in history, culture, or religion. Investing in the Buddhist Circuit is the result of first-time collaboration between the Government of India’s Ministry of Tourism, the State Governments of Bihar and Uttar Pradesh, the private sector, Buddhist monasteries and sects, and the World Bank Group. The work was led by the International Finance Corporation (IFC), a member of the World Bank Group. Extensive on-the-ground data collection, consultations, and analysis were conducted. The outcome is a framework for public and private sector investment that secures and enhances the experience of the sites while unleashing the full job creation potential of tourist spending at the towns and sites, and along the Buddhist circuit. The strategy outlined in this document seeks to grow the economic impact of tourism along the Buddhist circuit by attracting higher-spending tourists and linking them to local goods and service providers. This strategy recognizes that both public and private sector investment is required to drive demand and improve quality of experience while respecting, preserving, and enhancing the religious value and significance of the sites. For more publications on IFC Sustainability please visit www.ifc.org/sustainabilitypublications.
format Working Paper
author International Finance Corporation
author_facet International Finance Corporation
author_sort International Finance Corporation
title Investing in the Buddhist Circuit : Enhancing the Spiritual, Environmental, Social, and Economic Value of the Places Visited by the Buddha in Bihar and Uttar Pradesh, India
title_short Investing in the Buddhist Circuit : Enhancing the Spiritual, Environmental, Social, and Economic Value of the Places Visited by the Buddha in Bihar and Uttar Pradesh, India
title_full Investing in the Buddhist Circuit : Enhancing the Spiritual, Environmental, Social, and Economic Value of the Places Visited by the Buddha in Bihar and Uttar Pradesh, India
title_fullStr Investing in the Buddhist Circuit : Enhancing the Spiritual, Environmental, Social, and Economic Value of the Places Visited by the Buddha in Bihar and Uttar Pradesh, India
title_full_unstemmed Investing in the Buddhist Circuit : Enhancing the Spiritual, Environmental, Social, and Economic Value of the Places Visited by the Buddha in Bihar and Uttar Pradesh, India
title_sort investing in the buddhist circuit : enhancing the spiritual, environmental, social, and economic value of the places visited by the buddha in bihar and uttar pradesh, india
publisher World Bank, Washington, DC
publishDate 2017
url http://documents.worldbank.org/curated/en/911791487142754943/The-Buddhist-circuit-enhancing-the-spiritual-environmental-social-and-economic-value-of-the-places-visited-by-the-Buddha-in-Bihar-and-Uttar-Pradesh-India
http://hdl.handle.net/10986/26096
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