India, Bhutan hold development cooperation talks
ANI | Updated: Nov 10, 2017 22:30 IST
New Delhi [India], November 10 (ANI): India and Bhutan on Friday held development cooperation talks as a part of bilateral mechanism to review the entire gamut of New Delhi's development partnership with Thimphu.
The two sides reviewed the implementation of projects funded by the Indian Government in the 11th Plan, which includes Project Tied Assistance and Small Development Projects.
Over 675 projects, including 595 small development projects, have been under implementation in Bhutan during the XIth plan period within GOI's committed assistance of Rs 4,500 crore.
With Bhutan's 11th Five Year Plan (2013-2018) entering its final phase, the two sides noted with satisfaction the overall progress in the implementation of ongoing bilateral development projects in Bhutan.
The Bhutanese side conveyed the appreciation of the Royal Government of Bhutan for the invaluable support of India for their socio-economic development priorities, and for timely disbursements of funds for the ongoing projects.