Mr. S. Koventhan, First Secretary (Eco & Com), Indian Embassy, handed over cheques amounting to Nu. 455 million to Mr. Rinchen Wangdi, Director, GNHC on 10th January 2018.
This release of funds of worth Nu. 455 million pertains to Programme Grant for the period October-December 2017 and Construction of Anim Shedra (Nunnery) at Mongar, a PTA Project.
Government of India has committed Nu. 45000 million as plan assistance for the 11th FYP of Royal Government of Bhutan. The detailed break-up of the commitment is: Nu. 28000 million for Project Tied Assistance (PTA), Nu. 8500 million for Small Development Projects (SDP) and Nu. 8500 million for Programme Grant (PG).
As on date, Government of India has released Rs./Nu. 36,252.296 million to RGoB which is 80.56 % of total GOI commitment for the 11th Five Year Plan Period.