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Press Release: Government of India releases Rs./Nu....
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Embassy of India
Thimphu

Press Release

Government of India releases Rs./Nu. 96.955 million to GNHC

Mrs. Esha Srivastava, Deputy Chief of Mission, Indian Embassy, handed over cheques amounting to Rs. /Nu. 96.955 million to Mr. Passang Dorji, Sr. Program Coordinator, GNHC on 22nd September 2017.

This release of funds of worth Rs./Nu. 96.955 million will fund the PTA Projects (1) Construction of Royal Audit Trainng Centre, Tsirang and (2) Construction of Gomphu-Panbang Road.

Government of India has committed Nu. 50,000 million in the 11th FYP to Royal Government of Bhutan. The detailed break-up of the commitment is: Rs./Nu. 28,000 million for Project Tied Assistance (PTA), Rs./Nu. 8,500 million for Program Grant (PG), Rs./Nu. 8,500 million for Small Development Projects (SDP) and Rs./Nu. 5,000 million for Economic Stimulus Plan.

As on date, Government of India has released Rs./Nu. 18175 million for PTA projects, Rs./Nu. 7225 million for Program Grant, Rs./Nu. 7,150 million for SDP and Rs./Nu. 4,400 million for Economic Stimulus Plan to RGoB. In total, GoI has released Rs./Nu. 36,950 million to RGoB which is 74 % of total GOI commitment for the 11th Five Year Plan Period.

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Thimphu
22nd September 2017  

 
 
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