Sunday, March 16, 2014

GOI Will Provide 4500 Crore Rupees Assistance Package to Bhutan

  • Government of India (GOI) announced to provide 4500 crore rupees Assistance Package to Bhutan for its 11th Five Year Plan. 
  • The 11th Five Year Plan will cover the period 1 July 2013 to 30 June 2018. 
  • The package will help the landlocked country to implement major projects over the 11th Five Year Plan that will improve the livelihood of its people.
  • The decision was taken at the first meeting of the Small Development Project Committee (SDP). 
  • The Committee reviewed the SDP activities of the 10th Plan and expressed satisfaction with their positive impact on the livelihoods of the people in rural Bhutan. 

India’s assistance to the Eleventh Five –Year Plan (2013-2018) to Bhutan
  • Project Tied Assistance (PTA)- Rs. 2800 crore.
  • Small Development Projects- Rs. 850 crore.
  • Development Subsidy or Program Grant-Rs. 850 crore.

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