India has decided to double Bhutan’s assistance from ₹5,000 crore in 2019-2024 to ₹10,000 crore till 2029.
India and Bhutan inked seven agreements, on cooperation in energy, food safety, sports, space and research.
India and Bhutan will work on initiatives for better air connectivity and rail links between Kokrajhar-Gelephu and Banarhat-Samtse and waterways navigation through Brahmaputra.
Ministry of External Affairs (MEA) had received permission from the Election Commission to announce the grant of ₹10,000 crore for Bhutan.
The financial assistance also includes India’s support for Bhutan’s economic stimulus package.
India-Bhutan decided to boost the developmental partnership as well as deepen cultural linkages.