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Credit allocation to the agriculture sector below 5 percent

The National Council, Economic Affairs Committee Chairperson, Tshewang Rinchen shared that, despite agriculture being crucial for the economy, it receives less than 5 percent of total loans. He said that as of 2022-23, agricultural credit dropped by 24.5percent, from Nu 6,330.6 million to Nu 4,779.9 million and only about 21.79 …

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Internal migration significantly influencing Gungtong and Satong  

The mainly internal migration from rural to urban area is significantly influencing Gungtong, which in turn contributes to abandonment of farm land, Satong. People migrate for various reasons ranging from employment to education, family movement and marriage. Other multiple driving factors such as Human Wild-life Conflict, labour shortage, lack of …

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Mining aims to go big and smarter in next 5 years

The 13th FYP will see the unveiling of a comprehensive mining strategy focused on both traditional growth drivers and new sources of growth. The Economic Transformation Programme (ETP) has been allocated Nu 80,000 million to implement approximately 76 projects. Recognizing the critical role of the mining sector in the national …

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Teenage pregnancies and issues related to it

According to statistics from Royal Bhutan Police (RBP), a total of 86 cases of teenage pregnancies have been recorded from 2019 till date. As of now in 2024, there were 11 cases registered, 25 cases were recorded in 2023, 8 cases in 2022, 20 cases in 2021, 16 cases in …

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