April 18, 2017 8:50 PM

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Dont depend on aid that makes you dependent: India to Nepal

The visiting Nepal President Bidhya Devi Bhandari today said that after its political transformation, socio-economic transformation is top priority and the country was keen to benefit from India's tremendous progress.<br/>'<br/>Bhandari said at an event here organised by industry chambers CII, Ficci and Assocham, that achievements made by India in economic, social, scientific and other fields were remarkable and Nepal is keen to benefit from India's success. <br/><br/>She said, for Nepal, India remains the largest trading partner, adding that the two countries are closely engaged in Saarc, BIMSTEC and BBIN and these regional and sub-regional platforms could be made more effective in delivering results. <br/><br/>She said that incentives for investment in Nepal are no less attractive than those in many other countries.<br/>'<br/>Meanwhile, India today cautioned Nepal not to depend upon nations that provide assistance on their own terms and do not encourage capacity building.'<br/><br/>Addressing a conference along with Nepal's President Bidya Devi Bhandari, Minister of State for External Affairs V K Singh said India's model of aid is different as it does not make anyone dependent.<br/><br/><br/><br/>

April 18, 2017 8:37 PM

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Dont depend on aid that makes you dependent: India to Nepal

India today cautioned Nepal not to depend upon nations that provide assistance on their own terms and do not encourage capacity building.<br/>'<br/>Addressing a conference along with Nepal's President Bidya Devi Bhandari, Minister of State for External Affairs V<br/>K Singh said India's model of aid is different as it does not make anyone dependent.<br/>'<br/>The Minister said, there are countries in this world who follow a different model where they would like to identify<br/>projects which will showcase them not the hosts.<br/>'<br/>Singh said at the conference organised by industry chambers CII, Ficci and Assocham that such countries would like to give Nepal assistance which is termed in very expendable terms and they would like to run those projects themselves, so that the hosts do not become capable of running those projects.<br/><br/>

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