India extends Financial Grant for building educational campus in Nepal
India has extended a financial grant of 35.5 million Nepalese rupees for the construction of an educational campus in Nepal under the Development Partnership Programme.
Development Partnership Programme
The Development Partnership Programme is administered by the Development Administration Partnership division in the Ministry of External Affairs.
India has a long history as a provider of development assistance and over the years and India’s development assistance has started to cover a large number of countries over the last few years. Hence for streamlining the delivery of assistance and improving the effectiveness of such efforts Development Administration Partnership was established in January 2012.
India’s provides development assistance in one of three forms:
- Grant assistance.
- Lines of credit.
- Capacity-building.
Development Administration Partnership under the Ministry of External Affairs aims to provide for effective and efficient handling of all aid projects from the stages of concept, launch, execution and completion for the efficient implementation of projects, in close cooperation and facilitation of the partner countries.
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Month: Current Affairs - March, 2019