Categories: News

India, Bhutan review development ties

Representative Image

NEW DELHI: In order to review their development partnership, India and Bhutan met virtually on Monday, June 28, and agreed to implement some new projects in the Himalayan nation across various sectors such as road infrastructure, water management and COVID-19 management.

The talks between the two nations were part of the 3rd India-Bhutan Development Cooperation Talks. Rahul Chhabra, Secretary (Economic Relations), Ministry of External Affairs (MEA), led the Indian delegation while the Bhutanese delegation was led by Kinga Sinye, Foreign Secretary, the Indian Ministry of External Affairs said in a statement. Indian Ambassador to Bhutan Ruchira Kamboj also attended the talks. It added that India committed Rs 4500 crore for implementation of development projects and Rs 400 crore for the transitional Trade Support Facility during Bhutan’s 12th Five Year Plan.

The MEA further said that as many as 77 large and intermediate projects and 524 Small Development Projects (SDPs)/High Impact Community Development Projects (HICDPs) are at various stages of implementation under the 12th Five Year Plan. With the plan completing its third year, India and Bhutan reviewed the overall progress of the ongoing Project Tied Assistance (PTA) projects, as well as the SDPs/HICDPs.

Sinye highlighted the impact of HICDPs at the grassroots level and commended India’s role in the socio-economic transformation of the Himalayan nation. During the talks, both sides also agreed to implement some new PTA projects across numerous sectors, including road infrastructure, water management, industrial parks and COVID-19 management.

India deeply values its privileged partnership with Bhutan. The Indian side remains committed to continue to support Bhutan in its development efforts, the MEA said. The two sides agreed to hold the next Development Cooperation Talks on a mutually agreed date.

Team Urban Update

Recent Posts

Gadkari: EV prices to match petrol, diesel cars in two years

Representative Image NEW DELHI: Nitin Gadkari, Minister for Road Transport and Highways, Government of India,…

3 months ago

14 lakh homes built in Gujarat under PMAY scheme

Representative Image GANDHINAGAR, Gujarat: Gujarat has reached a significant milestone in the construction of homes…

3 months ago

MBMC launches ‘Central School Control Room’ for students’ safety

Representative Image THANE, Maharashtra: The Mira Bhayander Municipal Corporation (MBMC) in Maharashtra has established a…

3 months ago

Delhi govt extends ban on sale, production of firecrackers till Jan 2025

Representative Image NEW DELHI: With the aim to tackle the increasing air pollution level in…

3 months ago

UPSIDA takes over maintenance of 34 industrial areas from ULBs

Representative Image LUCKNOW, Uttar Pradesh: The Uttar Pradesh State Industrial Development Authority (UPSIDA) has come…

3 months ago

Delhi Jal Board to team up with WATCO for 24/7 water supply

Representative Image NEW DELHI: The Delhi Jal Board (DJB) plans to collaborate with the Water…

3 months ago