India has continued its steadfast support of the bilateral development partnership by providing the second tranche of five billion Indian rupees (INR) or Ngultrum (Nu) to Bhutan for the GyalSung Project. India’s Ambassador Sudhakar Dalela presented the amount to Bhutan’s Minister of Foreign Affairs and External Trade, Lyonpo DN Dhungyel, on March 26, 2024.
The King of Bhutan has endorsed the GyalSung Project, which aims to empower Bhutanese youth through thorough skill development and encourage active participation in the country’s development.
This second instalment brings India’s total contribution to 10 billion INR/Nu under the Memorandum of Understanding (MoU) signed in January 2024. It specifies 15 billion INR/Nu in concessionary finance from India for the infrastructural construction of GyalSung academies. This funding is additional to India’s assistance to Bhutan under the plan.
The MoU builds upon earlier collaborations, including grant assistance of INR/Nu 2 billion for the DeSuung for GyalSung programme in February 2023.
The Indian Embassy expressed privilege in partnering with Bhutan on this initiative, highlighting its focus on youth and skilling at the core of nation-building endeavours.
