June 30, 2021
1 min read

India hailed for Bhutan’s socio-economic transformation

During the talks, both sides also agreed to implement some new PTA projects across various sectors…reports Asian Lite News

Commending India’s role in the socio-economic transformation of Bhutan, the country’s Foreign Secretary has appreciated the release of funds for various projects, keeping in view the COVID-19 pandemic.

Participating in the third India – Bhutan Development Cooperation Talks held in a virtual mode on Monday, Bhutan’s Foreign Secretary Kinga Singye also highlighted the impact of India-funded projects at the grassroots level, said the Ministry of External Affairs in a press release.

In order to take ahead India’s development partnerships with Bhutan, the two sides reviewed the overall progress of the ongoing projects.

While the delegation from Bhutan was led by Foreign Secretary Singye, the Indian Delegation was led by Secretary (Economic Relations), Ministry of External Affairs Rahul Chhabra. Ambassador of India to Bhutan Ruchira Kamboj also attended the talks.

ALSO READ: China builds villages, outposts inside Bhutan territory

During the talks, both sides also agreed to implement some new PTA projects across various sectors including road infrastructure, water management, industrial parks and COVID-19 management.

The Bilateral Development Cooperation Talks is an important bilateral mechanism to review the entire gamut of India’s development partnership with Bhutan.

According to the Ministry of External Affairs, with Bhutan’s 12th Five Year Plan (2018-2023) completing its third year, the two sides reviewed the overall progress of the ongoing Project Tied Assistance (PTA) projects, as well as the SDPs/HICDPs.

The government of India has committed Rs 4500 crore for the implementation of development projects and Rs 400 crores for the transitional Trade Support Facility during Bhutan’s 12th Five Year Plan (2018 – 2023).

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.

The two sides agreed to hold the next Development Cooperation Talks on a mutually agreed date.

“India deeply values its privileged partnership with Bhutan. The Indian side remains committed to continue to support Bhutan in its development efforts,” MEA said. (INN)

ALSO READ: India sets up Mother and Child Hospital in Bhutan

Previous Story

US gives additional $41mn for India’s Covid fight

Next Story

Mandira Bedi’s husband Raj Kaushal passed away

Latest from -Top News

Putin, World Leaders Mourn Ahmedabad Plane Crash

At least 169 Indians and 53 British nationals were travelling in Air India’s flight AI171 from Ahmedabad to London’s Gatwick airport….reports Asian Lite News Condolences from leaders across the world continue to

‘Devastating’: UK PM on Air India Flight Crash

At least 169 Indians and 53 British nationals were travelling in Air India’s flight AI171 from Ahmedabad to London’s Gatwick airport….reports Asian Lite News World leaders, including British Prime Minister Keir Starmer,

Visa row paralyses Nepal Parliament

Opposition presses for probe into Home Ministry links, visa scam exposes deep-rooted corruption at Kathmandu airport A political deadlock in Nepal’s federal parliament has now entered its third week, with sessions of

Student fury over poll delay in Bangladesh

Awami League’s student wing warns of creeping extremism, minority attacks, and pro-Pakistan tilt under Muhammad Yunus-led interim regime as 2026 election plans spark fierce backlash across Bangladesh. A political storm is brewing

Congress questions US invite to Pakistan on Army Day

Congress MP Jairam Ramesh slams the US for hosting Pakistan’s army chief, questions India’s diplomatic stance, and demands a full security debate post-Pahalgam in Parliament’s monsoon session. Congress MP Jairam Ramesh has
Go toTop

Don't Miss

Direct flight service between Belarus, India to start soon

The Belarus Ambassador also stated that only a couple of

Senior TMC Leader Joins BJP

Although Tapas Roy resigned as a Trinamool legislator on Monday,