India Grants 470 Million for Postal Highway Project to Nepal

India has discharged extra Rs. 470 million (Nepali) for Phase I of Postal Highway Project being developed in Southern Plains of Nepal. The sum discharged will keep up subsidize liquidity for continuous development of 14 street bundles under Postal Highway Project.

India is giving budgetary help to Nepal since 1950 for framework improvement as a feature of its multi-sectoral India-Nepal Economic Co-activity Program. With the arrival of later extra finances, India so far has discharged Rs 2.35 billion to Nepal out of aggregate allow help of Rs. 8.00 billion resolved to actualize 14 bundles under Packages 2-6 of Phase I of Postal Highway Project. The Package 1 of the Project containing two street areas Dhangadhi-Bhajaniya-Satti street and Lamki-Tikapur-Khakraula have just been finished with help of India’s allow help worth Rs 1.02 billion. The two streets were opened for benefit in January 2017.

It is additionally called Hulaki Rajmarg which keeps running crosswise over Terai area of Nepal, from Bhadrapur in the east to Dodhara in the west, cutting crosswise over the whole width of the nation. It is most seasoned expressway in Nepal developed by Juddha Shumsher Jung Bahadur Rana and Padma Shumsher Jung Bahadur Rana to help transportation and encourage postal administrations all through the Himalayan country.

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