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 …
Read More »DG’s letter to Honorary Consul in Japan without informing Cabinet or MFA violated diplomatic protocols
Ministry of Foreign Affairs writes to MoLHR asking for explanation In what was a major violation of diplomatic protocol, the Director General of the Department of Employment and Human Resources, Sherab Tenzin had written directly to Bhutan’s Honorary Consul in Japan on 26th July without informing the Cabinet or the …
Read More »‘In the school’s eyes students were simply money makers. They were cogs in the wheel’: Japanese Language School ex-employee
A NHK Japan investigation uncovers how the ‘Learn and Earn’ program suffers from fundamental flaws that leads to exploitation of foreign students by Japanese language schools The LEP program was originally and mainly meant for Chinese and Korean students who use similar Kanji scripts used by the Japanese A NHK …
Read More »Labour Ministry discontinues Nu 751 mn Direct Employment Scheme of former govt
GNHC evaluation found program to be 77 percent effective and recommended its continuation but funding was an issue Minister says govt will come up with a YELP program but it will not be a direct employment program The biggest youth employment scheme of the former PDP government, the Direct Employment …
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The Bhutanese Leading the way.