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SYLLABUS
GS-2: India and its neighborhood- relations.
Context:
The recent two-day State visit of the Prime Minister of India to Bhutan reinforced the strong India-Bhutan partnership.
Key Highlights of the Visit
Hydroelectric Power Project Cooperation:
Line of credit: The Government of India announced a concessional Line of Credit of INR 40 billion to fund the energy projects in Bhutan.
Contribution in Bhutan’s development plan: The Prime Minister of India reaffirmed India’s unwavering support for Bhutan’s 13th Five-Year Plan, including the Economic Stimulus Programme.
Cultural Partnership:
Participation in the 70th Birth Anniversary of the Fourth King of Bhutan: The Prime Minister of India participated as the Guest of Honour in celebrating the 70th Birth Anniversary of His Majesty the Fourth Druk Gyalpo at Changlimithang.
Global Peace Prayer Festival: Prime Minister of India engaged in the Global Peace Prayer Festival in Thimphu, where the Holy Piprahwa Relics of Lord Buddha from India were on public display, underscoring the spiritual and civilizational ties linking both countries.
Scientific Cooperation: The two sides expressed satisfaction with the growing cooperation in the new areas of STEM, Fintech, and Space and also welcomed the ongoing work on Phase II of the UPI, which will enable Bhutanese visitors to India to make payments using local mobile applications by scanning QR codes.
Memoranda of Understanding signed between the two countries during the visit:
Significance of Bhutan for India

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