After a long up and down in India-Nepal relationship, there is a good initiative taken by India. What is a good initiative? To know go through the news about the Housing Rehabilitation Project below and know the reason for funding also.
The reason behind the funding is the promise which was made by India to Nepal after a disaster that hit them badly.
Really want to now the initiative and the promise made by India to Nepal?
Let’s get started.
India has provided Rs 1.54 billion (Rs 154 crore) to Nepal. India has provided financial assistance of 1.54 billion rupees for a project to rehabilitate houses damaged by last year’s earthquakes and natural disasters in the country.
Reason of Funding 1.54Billion | Housing Rehabilitation Project
Nangya Khampa, deputy chief of the Indian embassy in Nepal, handed over the check to Finance Secretary Sishir Kumar Dhungana on Thursday.
Nepal’s attitude towards India has recently changed. China is at loggerheads with India overpressure.
The creation of a new map claiming Indian territories as its own has eroded relations between the two countries. However, India stands by Nepal.
Thousands of homes were uprooted in Nepal last year due to natural disasters such as earthquakes, heavy rains and floods. Today, India has fulfilled its promise. Nepal receives Rs 154 crore fund check for the housing rehabilitation project.
India-Nepal Housing Rehabilitation Project news is trending now all over the world. Especially between India & Nepal and the reason I have told you above along with the amount.
This is really good news for both the countries. So, do share it with your friends and relatives and also share your views with me. If you want to discuss anything regarding this you can simply leave a comment below.