The Thimphu District Court on 27th August 2019 convicted the Home Minister Lyonpo Dasho Sherub Gyeltshen for claiming vehicle insurance worth Nu 226,546 fraudulently. After the verdict the Home Minister did not step down as the prevailing opinion at the time was that he can appel to the High Court within …
Read More »Slowdown in Indian economy to impact Bhutan
Concerns over impact on exports, tourism, more expensive imports and joint projects The first chapter of Bhutan’s National Budget Report for the financial year of 2018-19 says that the International Monetary Fund (IMF) has estimated growth for India to be around 7.3 percent in 2019 and 7.5 percent in 2020 …
Read More »RCSC’s non-action on 4 separate administrative charges against Labour DG may set a precedent
The Royal Civil Service Commission (RCSC) despite a recommendation by the Anti Corruption Commission (ACC) decided to not suspend Sherab Tenzin, Director General of the Department of Employment and Human Resources (DoEHR). The RCSC in a detailed press release cited sections of the Supreme Court verdict in the Gyelpozhing case …
Read More »ACC asks OAG to reconsider dropping of charges against former RICBL CEO
In December 2017 the ACC had forwarded a case to the OAG with the charge that the former RICBL CEO, Namgyel Lhendup has embezzled Nu 237,907 from the Ex-gratia fund and CEO’s public relations fund of the RICBL without authorization from the management committee of the fund. The OAG, two …
Read More »After Modi’s nod Bhutan can get additional interest free INR 7 bn swap for six months
The Royal Monetary Authority (RMA) is delighted with the Indian Prime Minister Narendra Modi approving an additional USD 100 mn under the Standby Swap Arrangement. Bhutan already had a USD 100 mn under the SAARC Currency Swap Framework agreement since 2013 which essentially meant that Bhutan in return for an …
Read More »Govt to still exclude 4 Thromdes even after GOI agrees to additional 300 MT subsidized LPG
But 5,000 to 6000 poor households in four Thromdes to get LPG One of the important announcements during Prime Minister Narendra Modi’s visit was the enhancement of of subsidized LPG to Bhutan from the present 700 MT to 1000 MT per month to enable Bhutan to meet the increasing domestic …
Read More »Bhutan and India agree to finalize implementation modality soon to start Sunkosh construction
Kholongchu to also be expedited In what is a strong statement of political intent on the so far static 2,560 MW Sunkosh hydro project, a joint statement during Prime Minister Narendra Modi’s visit made reference to start the construction of the project. The joint statement of both the governments said, …
Read More »Understanding Bhutan and Modi 2.0
Before the 2018 elections the perception in many capitals, including Delhi, was that the People’s Democratic Party (PDP) government stood a pretty good chance of making a comeback. There was also a good personal equation and chemistry between Dasho Tshering Tobgay and the more elderly PM Narendra Modi. New Delhi …
Read More »Agreement on 2,560 MW Sunkosh still eludes two countries
As the Indian Prime Minister Narendra Modi visits Bhutan there will be a slew of projects being launched and MoUs signed but silent in all this is the 2,560 MW Sunkosh project which Bhutan has been pushing since the term of three elected governments. The project is important because it …
Read More »The real ‘herd mentality’
A newspaper has recently talked about the ‘herd mentality’ in the Japan Learn and Earn Program (LEP) case. The paper’s editorial makes a fair point when it says that some people initially wanted to bring Sonam Tamang back, and this stance changed after a professional medical explanation by the Prime …
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The Bhutanese Leading the way.