INDIA’S CONTRIBUTION IN DEVELOPMENT OF NEPAL
The grant assistance extended to Nepal dunng 2009-10 under ‘Aid to Nepal’ budget was over Rs. 127 Crores.
In February 2010, during the historic visit of Nepal’s first President, Dr. Ram Baran Yadav to India, a new line of credit for $ 250 million was announced.
INDIA contributes to the development efforts of Govemment of Nepal by undertaking various development projects in the areas of infrastructure, health, rural and community development, education, etc. The grant assistance extended to Nepal dunng 2009-10 under ‘Aid to Nepal’ budget was over Rs. 127 Crores. In addition, India has extended considerable economic assistance to the ongoing peace process in Nepal.
- The Small Development Projects scheme offered by the Embassy of India delivers development assistance at grass-roots level in sectors identified with the local population. It now covers over 390 projects with an outlay of approximate Rs. 3,560 crores.
- As part of India’s effort to assist with capacity building and development of Human Resources in Nepal, over 1500 scholarships are offered annually for Nepalese students to pursue various courses in India and Nepal.
- In 2006, to assist Nepal’s democratic transition, India had provided a credit line of $ 100 million for developmental activities.
- In February 2010, during the historic visit of Nepal’s first President, Dr. Ram Baran Yadav to India, a new line of credit for $ 250 million was announced.
- To improve cross-border connectivity between India and Nepal, Government of India has undertaken to develop an extensive network of roads In Terai region of Nepal at a cost of Rs 776.15 crores. India has also agreed to develop cross-border rail links at 5 points across India – Nepal border at a cost of Rs 1,327 crores as well as 4 ntegrated Check Posts (ICPs) with an estimated cost of Rs 3187 crores. borders.
- Nepal has an area of 147,181 Sq. Kms. and a population of 29 million. It shares a border of over 1850 Kms to the south with five Indian States – Sikkim, West Bengal, Bihar, Uttar Pradesh and Uttarakhand and in the north with the Tibet autonomous region of the People’s Republic of China. Indian policy towards Nepal is determined by the following considerations.