India Nepal has a long history of culture connections. Nepal is important for India’s economic and strategic interests. India is the largest development partner of Nepal, with the major portion of developmental assistance focussed on large scale infrastructure projects under grants, in the priority sectors necessary for the rapid development of Nepal, in the field of health, education and connectivity.
The Government of India has also been working through the Government of Nepal at the grass root level through the implementation of High Impact Community Development Projects (HICDP) in priority sectors such as hospitals, schools, colleges, drinking water facilities, sanitation, drainage, rural electrification, hydropower, embankment and river training works, so as to improve the overall quality of life at the local level. Since 2003, 550 projects have been undertaken.
One of the most important areas of mutually beneficial cooperation in the India-Nepal bilateral relations is the collaboration in the power sector.
Indian firms are among the largest investors in Nepal, accounting for 33.5% of the total FDI stock in Nepal, worth nearly USD 670 million on mid July 2022. Nepal is India’s 18th largest export destination, up from 28th position in 2014.
India’s development partnership with Nepal also extends to the field of human resource cooperation. The Government of India provides more than 1500 scholarships each year, covering for study in India as well as Nepal and encompassing courses ranging for medicine, engineering, agriculture, business, nursing, Ayurveda & other professionals, Nepal has also been an important partner under the Indian Technical & Economic Cooperation (ITEC) program started in 1964. Since 2007 alone, more than 2300 professionals, bureaucrats and defence personnel from Nepal have undergone this capacity building programme. In the last two years alone, more than 2300 professionals, bureaucrats and defence personnel from Nepal have undergone this capacity building programme.
India Nepal relations are the bilateral relations between the Republic of India and the Federal. Democratic Republic of Nepal. Both countries enjoy excellent bilateral ties. There are close linguistic, marital, religious and cultural ties at people to people level between India and Nepalese.
The Prime Minister of Nepal also made his first bilateral visit abroad to India since taking his oath in July 2021. The visit was a success in terms of launching connectivity projects and singing Memorandums of Understanding.
Nepal is an important neighbouring of India and occupies a special significance in its foreign policy because of thegeographic, historical, cultural and economic linkages ties that span centuries.
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