India to provide Rs 49.17 mn assistance to Nepal
India will provide an assistance of Rs 49.17 mn to Nepal for upgrading the infrastructure of three educational institutes, besides construction of a rural electrification project in the country.
The new infrastructure being developed with the assistance will upgrade the capacity of the schools in order to meet the requirements of increasing number of students.
The rural electrification project in Sarlahi district will cover six villages -- Manpur, Bhawanipur, Mahinatpur, Dhankaul, Ramnagar Bahuarwa and Rajghat -- and will benefit over 4000 people in the district.
Indian Ambassador to Nepal Rakesh Sood, who laid the foundation stones of the new buildings of schools and the electrification project said development, particularly in the areas of education, health and infrastructure was needed for a Nepal's smooth transition to democracy.
"India would continue to extend all possible assistance in this direction," Sood added.
These projects will be implemented by concerned District Development Committees, while separate oversight committees with local participation will oversee the projects for their effective and timely implementation.
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