India provides Nepal Academy Rs. 44.12 m for construction of library
Indian has provided a grant assistance of Rs. 44.12 million to Nepal Academy for the construction of a three - storied library building under Nepal-India Economic Cooperation Programme.
A Memorandum of Understanding (MoU) was signed on Tuesday between the Embassy of India, Kathmandu, Department of Urban Development and Building Construction (DUDBC), Kathmandu and Nepal Academy for providing the Indian grant assistance for the construction of a three - storied Library building under Nepal-India Economic Cooperation Programme.
Nepal Academy is a national institution devoted to the promotion of languages, literature, culture, philosophy, research and the overall development of cultural and intellectual field by bringing together and coordinating national and international activities
The project will be implemented by the Department of Urban Development and Building Construction (DUDBC), Kathmandu in accordance with the existing norms and regulations of the Government of Nepal. They will also be responsible for ensuring the quality of construction of the project and its timely completion. The MoU stipulates the constitution of an Oversight Committee, comprising representatives of the DUDBC and other stakeholders with a view to ensuring the implementation of the project in a time bound manner, states a press release issued by the Indian Embassy to inform about the grant assistance.
In addition to this library, five projects in Kathmandu District have already been completed with Indian assistance. Work is ongoing on twelve small development projects at a cost of Rs. 427.3 million. India has also gifted 31 ambulances, 26 school buses and 3 special medical vans to various organisations. Besides this, India has also undertaken the construction of Trauma Centre in Kathmandu at an estimated of Rs. 160 crores. Arrangements are being made to operationalise the centre shortly. Nepalnews.com