India, Bhutan sign Rs 4,000-crore credit pact, review development projects
India and Bhutan signed a Rs 4,000-crore concessional line of credit agreement during the fifth India-Bhutan Development Cooperation Talks in Thimphu.
The talks reviewed India's Rs 10,000-crore support package for Bhutan's 13th Five-Year Plan, including Project Tied Assistance, High Impact Community Development Projects, and the Economic Stimulus Programme.
They approved 12 new Project Tied Assistance projects worth Rs 332 crore in sectors like infrastructure, healthcare, agriculture, urban amenities, and disaster management, bringing total PTA projects to 82 with an outlay of Rs 6,860 crore.
An MoU on health education and research was signed between AIIMS and Khesar Gyalpo University of Medical Sciences, expanding cooperation in the health sector.
electric vehicles were handed over to Bhutan's green mobility programme, and two parks (Thimphu Ecological Park and Olakha Park) were inaugurated under India-funded projects.
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