Small Indian aid projects restart in Nepal after a gap of five years
After a gap of five years, projects under India’s Small Grant Development Project Scheme have restarted from the current fiscal year with the aid becoming part of the budgetary system
After a gap of five years, projects under India’s Small Grant Development Project Scheme have restarted from the current fiscal year with the aid becoming part of the budgetary system. While India through its embassy in Kathmandu had been giving grants for small projects at the local level since the scheme was launched in 2003 the Nepali government had been asking it to spend the money as part of its budgetary system.
The budget for such small India-aided infrastructure projects at the local level stands at Rs480 million.
“It is the first time that Indian aid under the Small Development Project Scheme has been incorporated in the budget,” said Dil Bahadur Chhetry, under secretary at the international economic cooperation coordination division at the Finance Ministry.
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