A Memorandum of Understanding (MoU) to this effect was signed by Secretary at the Ministry of Finance Rameshore Prasad Khanal and Ambassador of India to Nepal Rakesh Sood at Singha Durbar. [break]
As per the MoU, the Indian government will provide grant assistance of Rs 150 million to Nepal for upgradation of the road from Dakshinkali VDC to Kulekhani Dam in Makawanpur via Chimale VDC and Sisneri VDC with 6.5 meter roadway, including construction of retaining structures, side structures, cross drains, culverts, and causeways. Department of Roads and Ministry of Physical Planning and Works will undertake the project.
A press statement issued by the Indian embassy said the upgraded road will not only benefit the population of Dakshinkali, Chimale, Sisner and Kulekhani VDCs, but will also benefit the inhabitants of Kathmandu and Central Tarai region by reducing the travel time from Kathmandu to Tarai region.
Indian assistance to Nepal under this project is part of India-Nepal Economic Cooperation Program, which has an outlay of over Rs 56 billion with more than 375 large and small projects currently being implemented in all districts of Nepal in the sectors of education, health and infrastructure/community development.
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