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India provides USD 2.49 mn for postal road project in Nepal

Press Trust of India  |  Kathmandu 

India has provided USD 2.49 million to Nepal for the construction of postal highway which runs across the Terai region close to the Indo-Nepal border.

"Ambassador of India Ranjit Rae handed over a cheque amounting to Nepalese rupees 249,710,698 equivalent to USD 2.49 million to Minister for Physical Infrastructure and Transport Ramesh Lekhak at the ministry's office at Singha Durbar in Kathmandu," according to a statement issued by the Indian Embassy here.

A postal road is designated for the transportation of postal mail. It is also known as Hulaki Rajmarg which runs across the Terai region of Nepal, from Bhadrapur in the east to Dudhaura in the west, cutting across the entire width of the country.

It is the oldest highway in the country constructed by Ranas to aid transportation and facilitate postal services.

Ambassador Rae had inaugurated a campus building for Chautara Multiple Campus, Chautara in Sindhupalchok district situated in the east of Kathmandu last week.

The building has been constructed with financial assistance of Nepalese Rupees 27 million provided by India under its Small Development Projects Scheme as part of India-Nepal Economic Cooperation Programme, the statement said.

The three-storied building consists of 12 classrooms and separate rooms for campus office, accounts, store, meeting hall, computer room and science laboratories.

(This story has not been edited by Business Standard staff and is auto-generated from a syndicated feed.)

First Published: Mon, January 30 2017. 18:42 IST