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India Gazette
7 days ago
- Business
- India Gazette
India, Bhutan hold development cooperation talks in New Delhi
New Delhi [India], June 30 (ANI): India and Bhutan held the Development Cooperation Talks in New Delhi on Monday. Secretary (West) Tanmaya Lal led the Indian delegation, and Foreign Secretary Aum Pema Choden led the Bhutanese delegation. 'India and Bhutan share an exemplary partnership characterised by trust, goodwill, mutual understanding at all levels, and strong bonds of friendship and close people-to-people ties,' the Ministry of External Affairs said in a statement. The Development Cooperation Talks are an important bilateral mechanism for reviewing the full spectrum of India-Bhutan's development partnership. According to MEA, the Government of India (GoI) has committed support of INR/Nu. 10,000 Crore (100 billion) for Bhutan's 13th Five-Year Plan period (2024-2029), which would cover Project Tied Assistance (PTA) projects, High Impact Community Development Projects (HICDP), support for Economic Stimulus Programme (ESP) and budgetary support in the form of Programme Grant. During the Talks, the two sides discussed various components of the support and reviewed the progress in the implementation of the projects approved in previous rounds. A total of 61 PTA projects amounting to INR/Nu 4958 crores (49.58 billion) and 283 HICDPs amounting to INR/Nu 417 crores (4.17 billion), covering a wide range of sectors, are in various stages of implementation, as per MEA. 'Both sides agreed to make suitable revisions to the allocations for some of the PTA projects, taking into account the evolving requirements. GoI has also released INR/Nu 750 crores (7.50 billion) towards ESP and Rs. 100 crores (1 billion) as Programme Grant. The meeting reviewed the progress in the utilisation of these funds,' MEA added. As per the MEA, the Bhutanese side presented the second tranche of PTA project proposals to be implemented during the 13th FYP period. A total of 10 projects amounting to INR/Nu. 1113 Crores (11.13 billion), covering sectors such as healthcare, connectivity, urban infrastructure and livestock, were approved by the two sides. Further the ministry higlighted that the Indian side 'conveyed that it will continue to work together with the Royal Government of Bhutan on its development agenda, in line with the shared vision of King of Bhutan Druk Gyalpo and Prime Minister of India Narendra Modi, and based on the priorities of the Royal Government and the people of Bhutan.' The ministry noted that the talks were held in a 'friendly and cordial atmosphere in keeping with the well-established tradition of regular exchanges and unique bonds of friendship and cooperation between the two countries. ' 'The two sides agreed to hold the next Development Cooperation Talks in Thimphu at a mutually convenient date,' it added. (ANI)


United News of India
7 days ago
- Business
- United News of India
India, Bhutan hold Development Cooperation Talks, review progress in implementation of approved projects
New Delhi, June 30 (UNI) India and Bhutan held their Development Cooperation Talks in New Delhi today, during which they reviewed the progress in implementation of the projects approved in previous rounds. The Indian side conveyed that it will continue to work together with the Royal Government of Bhutan on its development agenda, in line with the shared vision of His Majesty the King of Bhutan and Prime Minister of India, and based on the priorities of the Royal Government and the people of Bhutan. The Indian delegation was led by Secretary (West) Tanmaya Lal, and the Bhutanese delegation was led by Foreign Secretary of Bhutan Aum Pema Choden. India and Bhutan share an exemplary partnership characterised by trust, goodwill, mutual understanding at all levels, and strong bonds of friendship and close people-to-people ties. The Development Cooperation Talks are an important bilateral mechanism to review the full spectrum of India-Bhutan development partnership, a statement said. Government of India (GoI) has committed support of INR/Nu. 10,000 Crore (100 billion) for Bhutan's 13th Five Year Plan period (2024-2029) which would cover Project Tied Assistance (PTA) projects, High Impact Community Development Projects (HICDP), support for Economic Stimulus Programme (ESP) and budgetary support in the form of Programme the Talks, the two sides discussed various components of the support and reviewed the progress in implementation of the projects approved in previous rounds. A total of 61 Project Tied Assistance projects amounting to INR/Nu 4958 crores (49.58 billion) and 283 HICDPs amounting to INR/Nu 417 crores (4.17 billion) covering a wide range of sectors are in various stages of implementation. Both sides agreed to make suitable revisions to the allocations for some of the PTA projects taking into account the evolving requirements. GoI has also released INR/Nu 750 crores (7.50 billion) towards ESP and Rs. 100 crores (1 billion) as Programme Grant. The meeting reviewed the progress in the utilization of these funds. The Bhutanese side presented the second tranche of PTA project proposals to be implemented during the 13th FYP period. A total of 10 projects amounting to INR/Nu. 1113 Crores (11.13 billion), covering sectors such as healthcare, connectivity, urban infrastructure and livestock were approved by the two sides. The Talks were held in a friendly and cordial atmosphere in keeping with the well-established tradition of regular exchanges and unique bonds of friendship and cooperation between the two countries. The two sides agreed to hold the next Development Cooperation Talks in Thimphu at a mutually convenient date. UNI RN


Hindustan Times
7 days ago
- Business
- Hindustan Times
India and Bhutan approve 10 projects worth ₹1,113 crore
India and Bhutan on Monday approved 10 projects worth ₹ 1,113 crore, covering sectors such as healthcare, connectivity and urban infrastructure, and reviewed other programmes worth ₹ 10,000 crore being implemented with New Delhi's support in the neighbouring country from 2024-2029. An aerial view of Bhutan's capital Thimphu. (REUTERS) The Indian side also agreed to make revisions in the allocations for some projects because of evolving requirements. These issues were taken up during the India-Bhutan Development Cooperation Talks held in New Delhi, the external affairs ministry said. The talks are an important bilateral mechanism to review the full spectrum of bilateral development partnership, and both sides reviewed the progress in implementing projects approved in previous rounds. India provides most of the funding for Bhutan's five-year plans and has committed ₹ 10,000 crore for the 13th five-year plan from 2024-2029. This includes support for 'project tied assistance' (PTA) projects, high impact community development projects, the Economic Stimulus Programme (ESP) and budgetary support in the form of grants. A total of 61 PTA projects worth ₹ 4,958 crore and 283 community projects worth ₹ 417 crore, covering a wide range of sectors, are in various stages of implementation. The Indian government has also released ₹ 750 crore for Bhutan's ESP and ₹ 100 crore as programme grant and the meeting reviewed the progress in using these funds. The Bhutanese side presented the second tranche of PTA project proposals to be implemented during the 13th five-year plan. Ten projects worth ₹ 1,113 crore, covering sectors such as healthcare, connectivity, urban infrastructure and livestock, were approved by the two sides. 'Both sides agreed to make suitable revisions to the allocations for some of the PTA projects taking into account the evolving requirements,' the ministry said without giving details. India said it will continue working with the Bhutan government on its development agenda in line with the shared vision of the leadership of both sides, and based on the priorities of the government and people of Bhutan. The Indian delegation at the meeting was led by secretary (West) Tanmaya Lal and the Bhutanese team by foreign secretary Aum Pema Choden. The two sides also agreed to hold the next Development Cooperation Talks in Thimphu at a mutually convenient date.


Time of India
22-06-2025
- Business
- Time of India
Delhi raises a toast to Grand Duke Henri of Luxembourg
Ambassador of Luxembourg Peggy Frantzen with chief guest Tanmaya Lal, Secretary (West), MEA A gathering of diplomats and friends of the Embassy of Luxembourg came together at The Imperial, New Delhi, to celebrate the National Day of Luxembourg. The evening was filled with stimulating conversations and camaraderie over fine food and drinks. Celebrated to mark the official birthday of the Grand Duke of Luxembourg, the National Day reception began on a ceremonial note with the playing of the national anthems of both nations. Relationship of steel In her welcome address, Ambassador Peggy Frantzen said, "The National Day celebrations of 2025 are special, as it is the last one under the current head of state, Grand Duke Henri. This year also marks the completion of his 25 years of reign." Adding, she said, "I hope more people get to know about the friendly and amicable long-time relationship between India and Luxembourg. Cultural ties are evolving, with many artists travelling to showcase their talents, thereby strengthening people-to-people links. Our cooperation in the steel sector started over a 100 years ago and remains an important link and strong base of the India-Luxembourg relationship." by Taboola by Taboola Sponsored Links Sponsored Links Promoted Links Promoted Links You May Like Giao dịch vàng CFDs với sàn môi giới tin cậy IC Markets Tìm hiểu thêm Undo Ambassador of European Union Hervé Delphin and Ambassador of Ireland Kevin Kelly Tanmaya Lal, Secretary (West), Ministry of External Affairs, who was the chief guest, said, "We send our warmest greetings to His Royal Highness and the people of Luxembourg. From the steel sector, which has been a core strength for a long time, our relationship with Luxembourg has expanded in investment and manufacturing in the fields of IT, fintech, and space. Culturally, with a large population of Indians in Luxembourg, many Indian festivals are celebrated there enthusiastically. " German Ambassador Philipp Ackermann and Swiss Ambassador Maya Tissafi Both the Ambassador and the chief guest remembered the late modernist artist Amarnath Sehgal, who played a pivotal role in cementing the artistic linkages and "promoting cultural understanding" between the two countries. VN Dalmia with the Ambassador of Japan ONO Keiichi As guests mingled, conversations ranged from art and culture to outer space, with many talking about the traditional savoury pie, Rieslingspaschtéit, that was served to the guests. Traditional rieslingspaschtéit and one of Amarnath Sehgal's sculptors On a lighter note, the Ambassador said that she is thankful that this summer in Delhi was a bearable one. "Compared to last summer, it was better this year. I am glad I can go out more and enjoy my walks in Lodhi Garden." Ukrainian Ambassador Dr. Oleksandr Polishchuk and Ambassador of Estonia Marje Luup


Time of India
28-04-2025
- Politics
- Time of India
King's Day celebrated with a pop of orange
Marigolds and Dutch delicacies welcomed guests as they arrived to mark King's Day at the Netherlands Embassy . Ministry of External Affairs Secretary (West) Tanmaya Lal was the chief guest at the event, where cellist and music composer Saskia Rao-de Haas was conferred the Dutch royal honour – the Ridder in de Orde van Oranje-Nassau, awarded by King Willem-Alexander of the Netherlands. Tired of too many ads? go ad free now KING'S DAY SERVES AS A REFLECTION ON OUR HERITAGE: DUTCH AMBASSADOR Dutch Ambassador Marisa Gerards began by paying tribute to the victims of the Pahalgam terror at tack. 'We were all shocked by the horrific attack in Kashmir, and we offer our heartfelt condolences to the government and people of India. Our thoughts are with the victims, and our thoughts are with their loved ones,' she said. During the event, she shared the significance of the day for the Dutch community. 'King's Day is not only about festivity – it also serves as a reflection of our heritage, our values, and the unity that binds us as a nation. It is the day when people bake, there's a lot of music and games – and lots of orange.' Tanmaya Lal shared that External Affairs Minister S Jaishankar was due to attend the event but could not due to unforeseen circumstances. 'India and the Netherlands' ties are intensifying across many fields, led by high-level engagement that continues to grow in frequency,' he added. Orange is the new black Following the dress code, guests arrived in their finest orange ensembles. From shoes to saris and turbans — with some carrying orange stoles — attendees followed the theme to the T. The Dutch Ambassador also wore an orange Indian jacket with intricate designs. Saskia Rao-de Haas and her husband Shubhendra Rao performed at the event. Saskia said, 'I am honoured to receive this recognition... Music has been my lifelong passion and a bridge between our two nations (Netherlands and India). I am so fortunate that my journey is a joint one that I have taken together with my husband'