Thimphu, March 22 (IANS) Acknowledging the exemplary ties of friendship between India and Bhutan, Prime Minister Narendra Modi on Friday announced a support of Rs 10,000 crore for the Himalayan nation in the coming five years.
The leader, who was presented with the kingdom’s highest civilian honour for strengthening bilateral ties, said India stands firmly with Bhutan in its efforts to achieve self-reliance and become a high-income nation.
“India will provide all cooperation and assistance for the Bhutanese government’s 13th Five Year Plan (FYP), and I want to announce that in this direction, the Indian government will be providing support of Rs 10,000 crore to the nation in the next five years,” PM Modi said as he addressed the Himalayan nation.
India’s development support will be geared towards the development of infrastructure, building connectivity in its broadest form which includes road, rail, air, and digital connectivity, and in sectors like agriculture, healthcare, education, skilling, and cultural preservation.
Prior to this, India provided development assistance of Rs 5,000 crore to Bhutan’s 12th FYP, which, according to PM Tshering Tobgay, immensely contributed to the socio-economic well-being of the people of Bhutan.
“To fulfil your goals, India stands with you for BB – Brand Bhutan and Bhutan Believe. I assure you that the upcoming 5 years will give a new energy to our relations. We will work to create avenues in the connectivity, infrastructure, trade and energy sectors,” PM Modi said.
He also appreciated the King’s vision of the Gelephu Mindfulness City, which he said will lead to economic prosperity and development in Bhutan in a sustainable manner, and further strengthen economic and investment linkages between India and Bhutan.
He said that B2B — Bharat to Bhutan — and P2P — People-to-People form the foundation of the strong relationship between the two countries.
He thanked Bhutan King Jigme Khesar Namgyel Wangchuk and the people of Bhutan for conferring him with the Order of the Druk Gyalpo, which he dedicated to and accepted on behalf of 140 crore Indians.
“As an Indian, it is a big day for me. You have presented me with Bhutan’s highest civilian honour. All awards are special but when they are received from another country, it boosts confidence that both nations are moving in the right direction.”
Earlier, PM Modi held talks with PM Wangchuck and the leaders reviewed the bilateral ties and discussed ways to take them to new levels as they renewed their commitment to the special and unique India-Bhutan friendship.
–IANS
mi/dan
Disclaimer
The information contained in this website is for general information purposes only. The information is provided by TodayIndia.news and while we endeavour to keep the information up to date and correct, we make no representations or warranties of any kind, express or implied, about the completeness, accuracy, reliability, suitability or availability with respect to the website or the information, products, services, or related graphics contained on the website for any purpose. Any reliance you place on such information is therefore strictly at your own risk.
In no event will we be liable for any loss or damage including without limitation, indirect or consequential loss or damage, or any loss or damage whatsoever arising from loss of data or profits arising out of, or in connection with, the use of this website.
Through this website you are able to link to other websites which are not under the control of TodayIndia.news We have no control over the nature, content and availability of those sites. The inclusion of any links does not necessarily imply a recommendation or endorse the views expressed within them.
Every effort is made to keep the website up and running smoothly. However, TodayIndia.news takes no responsibility for, and will not be liable for, the website being temporarily unavailable due to technical issues beyond our control.
For any legal details or query please visit original source link given with news or click on Go to Source.
Our translation service aims to offer the most accurate translation possible and we rarely experience any issues with news post. However, as the translation is carried out by third part tool there is a possibility for error to cause the occasional inaccuracy. We therefore require you to accept this disclaimer before confirming any translation news with us.
If you are not willing to accept this disclaimer then we recommend reading news post in its original language.
