ADD ANI AS A TRUSTED SOURCE
googleads
ANI Logo
Menu
Asia

India releases additional funds for Nepal's Postal Highway

Kathmandu [Nepal], August 15 (ANI): The Indian Government on Tuesday released additional NPR 470 million for the Postal Highway being constructed in Southern Plains of Nepal.

ANI Aug 15, 2018 19:21 IST googleads

Manjeev Singh Puri handing over cheque to Madhusudan Adhikari

Kathmandu [Nepal], August 15 (ANI): The Indian Government on Tuesday released additional NPR 470 million for the Postal Highway being constructed in Southern Plains of Nepal.
Indian Ambassador to Nepal Manjeev Singh Puri handed over a cheque worth NPR 470 million to the Secretary of Nepal's Minister for Physical Infrastructure and Transport Madhusudan Adhikari.
"The amount has been released to maintain fund liquidity for the ongoing construction of 14 road packages under Postal Highway Project. With this payment, a total of NPR 2.35 billion stands released to the Government of Nepal out of the total grant assistance of NPR 8.00 billion committed by the Government of India for implementing 14 packages under Packages 2-6 of Phase I of the Postal Highway Project," a press release from the Indian Mission in Nepal stated. The highway was inaugurated on January 19 last year.
Since 1950, the Government of India has been supporting infrastructure development of Nepal and has provided financial assistance for construction of various highways, roads, bridges, airports, etc as part of its multi-sectoral and multi-dimensional India-Nepal Economic Cooperation Programme. (ANI)

Get the App

What to Read Next

Asia

"India harnessed digital tools to expand...": MEA Secy (West)

George highlighted how digital tools and AI empower 1.4 billion Indians.

Read More
Asia

India consistently supported Maldives in crisis: Mohamed Nasheed

India consistently supported Maldives in crisis: Mohamed Nasheed

He highlighted India's role as a "first responder" for the Maldives, emphasising that India's support during critical periods has been fundamental to the stability and security of the island nation.

Read More
Asia

MoCA closely monitoring air travel situation in West Asia

MoCA closely monitoring air travel situation in West Asia

The Ministry of Civil Aviation is closely monitoring the evolving situation in the West Asia region and its impact on air travel between India and countries in the region. Airlines are undertaking necessary operational adjustments in view of the prevailing conditions to ensure passenger safety and the orderly conduct of flight operations.

Read More
Pacific

MoS Kirti Vardhan Singh attends Chile President's inauguration

MoS Kirti Vardhan Singh attends Chile President's inauguration

Minister of State for External Affairs and Environment, Forest & Climate Change, Kirti Vardhan Singh, visited Chile from March 10-12 and represented the Government of India at the inauguration ceremony of the new President of Chile, HE Jose Antonio Kast Rist.

Read More
Asia

India rushes to safeguard 9,000 nationals in Iran

India rushes to safeguard 9,000 nationals in Iran

India on Thursday highlighted a high-level diplomatic push to protect Indian interests, emphasising the twin priorities of citizen safety and the stability of energy supply chains.

Read More
Asia

"India strongly condemns attacks on merchant ships...": MEA

Speaking during the weekly press briefing, Ministry of External Affairs spokesperson Randhir Jaiswal said India opposes attacks on merchant shipping "from any quarters" and confirmed that several Indian nationals have been affected in recent incidents.

Read More
Europe

Akshar Foundation highlights Northeast India’s development at UN

Akshar Foundation highlights Northeast India’s development at UN

On the sidelines of the 61st session of the United Nations Human Rights Council (UNHRC), Mazin Mukhtar, Co-founder and Associate Director of the Akshar Foundation, highlighted development initiatives in India's northeastern region and urged global recognition of progress made in previously neglected areas.

Read More
Asia

India welcomes Nepal’s election results: MEA

India welcomes Nepal’s election results: MEA

India on Thursday welcomed Nepal's successful elections, with Prime Minister Narendra Modi congratulating Rabi Lamichhane and Balendra Shah on their victory, signalling a fresh chapter in the bilateral relationship between the two neighbouring nations.

Read More
Asia

MEA rejects Pakistan’s statement on India-Canada deal

MEA rejects Pakistan’s statement on India-Canada deal

"We reject this statement made by Pakistan on the matter. India's credentials regarding non-proliferation are impeccable and well recognised by the global community. A country with a well-documented history of clandestine nuclear proliferation can hardly preach the virtues of export controls and proliferation risks. Such ludicrous statements are nothing more than an attempt by Pakistan to distract from its own abysmal record," he said.

Read More
Asia

India rejects Pakistan's "baseless allegations"

India rejects Pakistan's

India on Thursday rejected Pakistan's allegations of aggravating skirmishes with Afghanistan, calling them "baseless" and accusing Pakistan of blaming others for its own misdeeds.

Read More
Home About Us Our Products Advertise Contact Us Terms & Condition Privacy Policy

Copyright © aninews.in | All Rights Reserved.