India and Bhutan Strengthen Development Bonds with Rs 10,000 Crore Support
India and Bhutan reviewed projects supported by New Delhi, including a Rs 10,000 crore commitment for Bhutan's 13th five-year plan from 2024 to 2029. The talks, which approved 10 projects totaling Rs 1,113 crore, highlighted both countries' cooperation in sectors like healthcare and urban infrastructure.
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- India
On Monday, India and Bhutan conducted a comprehensive review of various development projects receiving New Delhi's backing, with a significant allocation of Rs 10,000 crore earmarked for Bhutan's 13th five-year plan, spanning from 2024 to 2029.
During the India-Bhutan Development Cooperation Talks held in New Delhi, it was announced that 10 projects amounting to Rs 1,113 crore were approved, focusing on key sectors such as healthcare, connectivity, and urban infrastructure within Bhutan.
The Ministry of External Affairs highlighted the exemplary partnership between India and Bhutan, underscoring mutual trust and cooperation across all levels. India's commitment includes numerous 'project tied assistance' initiatives, high-impact community developments, and budgetary support.
(With inputs from agencies.)
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