The Bhutanese Leading the way.
The government in the midst of Rupee crunch is banking upon the long term impacts of mega projects like the Education City, the Amo Chhu Township, among other projects to ease the INR crunches. With the DHI INFRA spearheading these projects, The Bhutanese spoke to its CEO, Kinga Tshering on …
Read More »Scholarship students will be sent only to third countries to ease rupee outflow
This year, the Scholarship and Student Support Division (SSSD) under Adult and Higher Education Department (AHED) with the Ministry of Education (MoE) has decided not to send any students funded by the government to study in India, in order to “ease the flow of rupee,” according to division officials. Unlike …
Read More »Air India may operate in Bhutan
With the domestic airlines, Bhutan’s air service industry took a leap forward but bigger plans are reportedly in place. Sources told The Bhutanese that the state-owned Air India is planning to operate in the country and dialogue is on between the Royal Government and the Government of India (GoI). The …
Read More »Bhutanese consumers pay more than export rate for power
While you will pay Nu 2.14 per unit from July 2012 for more than 300 units of power, Bhutan exports power at Nu 1.98 per unit to India. There is also concern that Bhutan’s export tariffs are too low in the context of the rupee crisis. Next time you …
Read More »Regional Trade Office blamed for gas shortage
The shortage of LPG cylinders occurring currently, according to managers at some stations, is due to the fact that since the Regional Trade and Industries Office (RTIO) took over the issuance of cylinders from private distributors, the office is issuing new connections indiscriminately. The RTIO issues 15 new connections …
Read More »RMA Governor slams media reports, said individuals fueled the rupee shortage not the private sector alone
Do not confuse private individual consumption and private sector consumption, said the central bank Governor Daw Tenzin stressed at a conference with the private sector yesterday, here in the capital. He was referring to the cause of Indian Rupee (INR) crunch exacerbating by the day for which the private sector …
Read More »Indian ambassador assures government of GoI’s support during rupee crisis
The Indian ambassador to Bhutan, Pavan K Varma, said that the Government of India (GoI) will standby Bhutan to help tide over the rupee crisis. This, the Indian ambassador highlighted in an interview with The Bhutanese. The Ambassador said “Bhutan enjoys bipartisan support across political parties in India and India …
Read More »MoU for medical institute in Bhutan reviewed
Only three months’ time before the first ever medical college in Bhutan starts operating and the initial DPR (Detailed Project Report) based on the MCI (Medical Council of India) has revised the requirements for the UMSB (University of Medical Sciences of Bhutan), formerly known as the BIMS (Bhutan Institutes …
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