India is to provide grant assistance of two crore and fifty lakhs Nepali rupees for the construction of a three storied school building in Kapilvastu district of Nepal. A Memorandum of Understanding (MoU) was signed on Tuesday by the Embassy of India in Kathmandu, District Development Committee, Kapilvastu and Shree Janaki Higher Secondary School, Maharajgunj, Kapilvastu for providing Government of India grant assistance under Nepal-India Economic Cooperation Programme. This is the third development project in the Kapilvastu District being undertaken with the assistance of Government of India under Small Development Projects. The new infrastructure being constructed would cater to the educational needs of over 2000 students, and create an improved environment for learning and contribute to the development of education in the area. A press release said, India recognizes the importance of accelerating economic rehabilitation and development in Nepal and remains committed to rendering all possible assistance in that direction. India-Nepal Economic Cooperation Programme has an outlay over 5800 crores Nepali rupees with more than 390 large and small projects completed or currently being implemented in all districts of Nepal.
Courtesy : AIR
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