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Press Release: Development Assistance of Rs./Nu 2.006...
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Embassy of India

Thimphu

Press Release: Development Assistance of Rs./Nu 2.006 billion to Bhutan

extended by the Government of India

Government of India released funds to the tune of Rs./Nu 2.006 billion to the Royal Government of Bhutan towards development assistance committed under the 12th Five Year Plan (2018-2023).

2. While Rs./Nu 1.47 billion of the total funds provided by the Government of India will be used towards implementation of the 2nd Batch and the 4th Batch of High Impact Community Development Projects by the RGoB, the remaining amount of Rs./Nu 0.53 billion will be utilized for continued implementation of three PTA projects by the Royal Government of Bhutan. These projects are the construction of a 150-bedded Mother and Child Hospital, Mongar; development of Dhamdham Industrial Park and improvement of Tshelingore-Khothakpa Road.

3. Government of India renews its assurance to continue supporting Bhutan’s socio-economic development activities to ensure smooth implementation of development projects in the country.

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6 January 2021

 
 
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