In a stunning turnaround of events, the Office of the Attorney General (OAG) has dropped the entire Trongsa land case which consisted of multiple land transactions involving six people like former Trongsa Dzongdag Lhab Dorji, his wife Karma Tshetim Dolma, former Dragten Gup Tenzin, former Nubi Gup Phuntsho, National Land …
Read More »RMA and Banks agree to prioritize lending for Agricultural projects
One of the key aspects of His Majesty’s National day address was on the opportunities for the youth in commercial farming and food processing, and also the benefits to the country and the youth if the banks can enhance credit to this underfunded sector. His Majesty also recognized and acknowledged …
Read More »MoA further up scaling its efforts after Trongsa address
Post His Majesty The King’s 109th National Day address in Trongsa that emphasized on the agricultural sector, the Ministry of Agriculture and the government are coming up with new Agricultural programs and also enhancing its ongoing ones. Lyonchhen Tshering Tobgay said, “The Ministry of Agriculture is closely studying the National …
Read More »Bhutan gets INR 130 mn against requirement of 1.750 bn
After cash crops, Industries and banks are now affected On the fateful evening of 8th November 2016 Lyonchhen Tshering Tobgay was watching the evening news when the Indian Prime Minister Narendra Modi announced the surprise demonetization move. Lyonchhen immediately got on the phone with the Royal Monetary Authority (RMA) Governor …
Read More »New private money lending rules restrict interest to 15% per annum and amount to Nu 500,000
This is after His Majesty The King had expressed concerns on the impact of private money lending over a year ago The Royal Monetary Authority (RMA) has come out with draft private money lending rules, which, for the first time, not only imposes interest and loan amount restrictions on private …
Read More »109th National Day in Trongsa
His Majesty The King will celebrate the 109th National Day in Trongsa. The historic town of Trongsa is aglitter with anticipation for the celebration, which will be the most important event to take place in Trongsa since His Majesty’s investiture ceremony as Trongsa Penlop 12 years ago. Streets are spotless …
Read More »New Hope for Diplomatic Enclave landowners
The 104 land owners whose 31.7 acres in Hejo is to be acquired for the long pending Diplomatic Enclave have seen a new ray of hope as the National Land Commission (NLC) is working on a new solution to minimize the loss of land. It is understood that the NLC …
Read More »The Great Reformer
Great leaders are not born but are made over time, as history has often shown. In December, 2005 when His Majesty The Fourth King announced His Majesty’s abdication it sent a shockwave throughout Bhutan as people wondered what the future held after decades of strong and dynamic leadership of His …
Read More »Land Kidu reforms: Giving a stake
One of the most important reforms instituted by His Majesty The King was a Land Kidu exercise that not only gave land to the landless and many Bhutanese households but also resolved land issues and considerably enhanced land administration. On 24th September 2007, His Majesty Commanded that, “Land issues must …
Read More »Leading us through a new era
A much-respected PM of India, I. K. Gujral compared His Majesty Jigme Singye Wangchuck to a man who has attributes of Plato’s philosopher King. The long and cherished reign of the His Majesty The Fourth King, infused with charismatic leadership, set the bar very high for any leader. The political …
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The Bhutanese Leading the way.