Modi and King Jigme Khesar Namgyel Wangchuck inaugurated the Punatsanchchhu-II venture following their wide-ranging talks. Electrical energy generated from the venture can be equipped to each nations.
The Indian facet additionally introduced a concessional credit score line of Rs 4,000 crore to fund power tasks in Bhutan.
“Vitality cooperation stays a key pillar of the India-Bhutan partnership. Right now, we inaugurated the Punatsangchhu-II Hydropower Venture. That is a permanent image of friendship between our nations,” Modi mentioned on social media.
The 2 leaders exchanged views to additional improve and strengthen bilateral ties and held discussions on regional and international problems with mutual curiosity.
King Jigme Khesar conveyed condolences on the lack of lives within the Delhi blast and his appreciation for India's assist for Bhutan's socio-economic growth.The 2 leaders additionally witnessed the finalisation of three pacts that can present for cooperation in renewable power, healthcare and medication, and psychological well being providers.Earlier, addressing an occasion to mark the seventieth start anniversary of Bhutan's former king Jigme Singye Wangchuck, Modi underlined the significance of connectivity and referred to New Delhi's determination to hyperlink Gelephu and Samtse in Bhutan to India's rail community.
“Connectivity creates alternative. And alternative creates prosperity.
With this objective in thoughts, a call has been taken to attach Gelephu and Samtse to India's intensive rail community,” he mentioned.
“As soon as accomplished, this venture will present Bhutanese industries and farmers with simpler entry to India's giant markets,” he mentioned.
Together with rail and highway connectivity, we're additionally quickly progressing on border infrastructure, Modi mentioned.
India can also be extending full assist to Bhutan's Gelephu Mindfulness Metropolis, Modi mentioned, asserting that New Delhi will set up an immigration checkpoint close to Gelephu.
“The progress and prosperity of India and Bhutan are carefully linked. On this spirit, final 12 months the federal government of India introduced a contribution of Rs 10,000 crore to assist Bhutan's 5-Yr Plan,” Modi mentioned.
“These funds are being utilized throughout all sectors – from roads to agriculture, from finance to healthcare, serving to enhance the benefit of dwelling for the individuals of Bhutan,” he mentioned.
The prime minister famous that India has taken a number of measures to make sure a gradual provide of important gadgets to the individuals of Bhutan and that it's increasing the Unified Cost Interface (UPI) facility in that nation.
“India and Bhutan are linked not simply by borders but additionally by cultures. Our relationship is certainly one of values, feelings, peace, and progress,” he mentioned.
The prime minister additionally lauded former King Jigme Singye and mentioned his idea of “Gross Nationwide Happiness” grew to become an vital measure of growth the world over.
Modi mentioned the previous King performed a decisive function in establishing democratic techniques in Bhutan and establishing peace within the border areas.
“The thought of ‘Gross Nationwide Happiness' that you simply launched has right now turn out to be an vital measure of growth the world over. You will have proven that nation-building will not be solely about GDP, but additionally concerning the well-being of humanity,” he mentioned.