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Thursday, June 30, 2016

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AidtoNepalnotreduced,saysIndia
By IANS

Published: 13th May 2016 07:43 PM Last Updated: 13th May 2016 07:43 PM

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KATHMANDU:TheIndianEmbassyinKathmanduonFridaysaidtherehasbeennoaidcutto
Nepal.
IndiaisthelargestbilateraldonortoNepalforlong,Nepaliofficialssaid.
RespondingtomediareportsthatIndiahascutaidtoNepal,theembassyclarified:"Itmay
furtherbereiteratedthatthereisnoaidcutinthecaseofNepal."
Accordingtodataprovidedbytheembassy,theIndianaidflowtoNepalisroutedthroughmany

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IndianSubcontinentasterror
group
Twoschoolbuildingscollapse
byearthquakeinNepal

channelsandisinmanyforms.
TheactualfundflowtoNepalfromIndia'sMinistryofExternalAffair'sAidtoNepalbudgetin
201415was(Indian)Rs.300crore,orover$50million.Whileagoodpartofthisaidisrouted
throughtheNepalifinanceministry,alotofsuchaidisgivendirectlytothebeneficiaries.Such
assistanceincludesgrantingofscholarships,andcreatingmedicalinfrastructure,etc,itsaid.
ThoughsomemediareportsclaimedthatChinaisaheadofIndiaintermsofforeignaid,Nepali

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officialssaidthatIndiaisthelargestbilateraldonortoNepalsincelong.
AccordingtotheIndianembassystatement:"Ouraidin201415,andinotheryears,normally
includesnearly3,000scholarshipstoNepalesestudentsannuallyatacostofIRs.50crore

Turkeydetains13suspects
overIstanbulairportattack

bilaterallycommittedfreeelectricitysupplyandtrainingsforover400Nepalesepersonsfrom
security,economicandotherorganizationsaccountingforIRs.50croreabout20Small
DevelopmentProjects,giftingofbuses/ambulances(over600havebeengiftedsofar),over
1,000shallowtubewellsandsupplyofiodizedsaltforIRs.50crore."
Besides,theIndianaidalsocontributedto"constructionofrivertrainingembankmentsfor
IRs.40crorewithpaymentsforongoingprojectssuchasICPs(IntegratedCheckPosts),Terai
Roads(ofwhich90kmhasbeenbuilt)andraillinks,dependinguponprojectprogress,
accountingfortherest."
"Everyyear,GovernmentofIndiaspendsapprox.NRs.700millionforconstruction,
maintenanceandrepairofembankments,"itsaid.

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GivingdetailsoftheIndianaidtoNepal,theembassyfurthersaidthatfourLinesofCredit
totalling$1.65billionareavailableforutilization,ofwhichonly$150millionhasbeendisbursed
since2010.ItsinterestequalizationisbornebyMEA.
"Apartfromthis,pensionispaidtoexGorkhasoldierstotallingtoaboutIRs.1,800croreper
year,or$300million.Inaddition,our'OperationMaitri'aftertheNepaleseearthquakelastyear,
costIRs.400crore,or$70million."
Suchfinancialsupporttranslatesintoongroundsocioeconomictransformationsintheformof

Recent Activity

spreadofeducationalfacilities,buildinghealthinfrastructure,providinglivelihoodsupportand
enhancedtransportlinkagesleadingtoanoverallimprovementinthestandardofliving,saidthe
embassy.
"Ourinitialallocationsforforeignaid,includingtoNepalandotherneighbouringcountries,are
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30/06/2016

AidtoNepalnotreduced,saysIndiaTheNewIndianExpress

basedonactualexpenditurelevelsintheprecedingyears,andtakeintoaccountabsorption

TheNewIndianExpress

capacityofourvaluedpartners,"saidthestatement.

2,875,707likes

"Ifthereissufficientexpenditureandmoreisrequired,fundsaresoughtbyMEAatsubsequent
stagesoftheBudgetAllocationProcess,"itsaid,adding,"possibilityofchannellingmorefunds,
LikePage

ifrequired,isalwaysopen".
Thesefiguresindicatethat,attheveryminimum,theIndiangovernmentisspending$5060

LearnMore

Bethefirstofyourfriendstolikethis

milliontowardsNepal'sassistance.

Uday Rajendra
Saba Vikas Dipti Nilavalagi
Ravi
Chakraborty
Belathur
Pathy Kumar JaiswalNilaa Jain

"BeingfullycommittedtoNepal'ssocioeconomicdevelopment,Indiahascontinuously
endeavouredtopartakeinthedevelopmentprocessinNepal.Anymisrepresentationoffigures
underminesthequantum,scopeandextantofthenatureofsocioeconomicengagement
betweenthetwonations,"thestatementsaid.

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Jointhediscussion
AvatarVikasKhantwal 2monthsago
SuccessiveIndiangovernmentsprovidedaidtocountriesinsubcontinenttogain
influence,evenwhenweourselvesarenetaidreceivers,countriessuchastheseare
poorandrampentcorruptionexists,soasours,localswouldnotseeanydifferenceon
groundandcorruptpoliticianwouldnotmindswitchingsidesfromwheretheywillget
moremoney,ChinesearemorerespectedbyNapelesethanIndianeventhoughwe
give''more''aidtothemthisisthefactandNapelesegovernmentplayChinaagainst
Indiatoextractmoremoney.Ithinkitistimethatforeginpolicyshouldberevisted.

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