India grants 44.17 million Nepali Rupees to Nepal for new school building
In a statement, Indian Embassy in Nepal said, a Memorandum of Understanding (MoU) was signed yesterday between the two countries for the construction project. Indian Embassy said that since 2003, under the High Impact Community Development Projects programme, India has completed 446 projects in the areas of health, education, drinking water, connectivity, sanitation, and creation of other public utilities across all seven provinces of Nepal.
The Embassy also informed that India is also reconstructing 71 educational institutions damaged during the 2015 earthquake in eight districts of Nepal under a reconstruction grant of 5,800 million Nepali Rupees. The embassy also said that as close neighbours, India and Nepal share unique ties of friendship and cooperation. The signing of the MoU reflects the continued commitment of the Government of India in complementing the efforts of the Government of Nepal in creating infrastructure in priority sectors.