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Tag: Bhutan

PM Modi & Bhutanese PM Jointly start RuPay Card Phase-II

November 21, 2020
Prime Minister Narendra Modi
  • Prime Minister of India Narendra Modi and Bhutan Prime Minister Lotay Tshering virtually started RuPay card Phase-II, to permit Bhutanese cardholders to access the RuPay network in India.
  • In August 2019, PM Modi and his Bhutanese counterpart jointly began Phase-I of the project.

India, Bhutan ink pact for the first joint venture hydropower project

June 29, 2020
India, Bhutan ink pact for the first joint venture hydropower project
  • India and Bhutan inked a pact for the construction of the 600 MW Kholongchhu project, their first hydropower joint venture project in Bhutan’s less advanced eastern region of Trashiyangtse. The project’s “Concession agreement,” which was inked in the presence through video-conference.

Bangladesh, Nepal, Afghanistan vow $3.5 mn to SAARC COVID-19 Fund

March 23, 2020
COVID-19
  • Bangladesh and Nepal pledged to donate $1.5 million and $1 million respectively to the SAARC Corona Emergency Fund proposed by PM Narendra Modi with an opening offer of $10 million from India to tackle COVID-19 pandemic in the region.
  • India first declared to contribute $10 million to the fund and subsequently Nepal and Afghanistan promised $1 million each and the Maldives and Bhutan committed $200,000 and 100,000 respectively.