Tuesday December 11, 2018
Home Business India to give...

India to give $1 billion line of credit to support Mongolia’s infrastructure

0
//
Republish
Reprint

modi_650_051715075845

By NewsGram Staff Writer

In a historic visit to Mongolia, Prime Minister Narendra Modi today announced that India will provide a line of credit of one billion U.S. dollars to support expansion of Mongolia’s economic capacity and infrastructure.

“Supporting development of human resources is the best way to secure a nation’s development. We reiterated our commitment to continue our efforts in Mongolia. India will increase the ITEC ( Indian Technical & Economic Cooperation Programme) training slots for Mongolia from 150 to 200. We will also establish an India-Mongolia Joint School,” said Modi.

Modi also highlighted the fact that how honored he is to be the first Indian Prime Minister to visit Mongolia.

“It is a special privilege to come on the occasion of two important milestones that unite us – 25 years of democracy in Mongolia and 60 years of diplomatic relations between our two countries,” expressed PM Modi.

PM Modi also handed over a sapling of the Mahabodhi Tree to the historic Gandan Monastery. “The precious gift of Mahabodhi Tree as a token of friendship from the people of India,” said the Prime Minister.

During his stay in Mogolia, PM Modi will lay the foundation stone for the expansion and upgrading of the Atal Bihari Vajpayee Center of Excellence for Information and Communication Technology. He will also visit the National Cancer Centre to gift Bhabhatron II, which is a state of art nuclear medicine cancer therapy machine, developed and manufactured in India.

 

Click here for reuse options!
Copyright 2015 NewsGram

Next Story

Prime Minister Narendra Modi Appeals MPs To Utilize Their Winter Season Well

The session would have 20 sittings spread over 29 days

0
According to LocalCircles, each person who voted in the survey is registered with the portal with their detailed information and in many cases they shared their residential address.
Modi asks MPs to utilize winter session well, wikimedia commons

Prime Minister Naredndra Modi on Monday appealed to all MPs at an all-party meeting to utilize the winter session of Parliament well as it will be the last full-fledged session before the 2019 Lok Sabha elections.

Addressing an all-party meet at Parliament House a day before the session commences, Modi said the government was ready to discuss all issues as per rules and procedures and was open to the opposition’s inputs for better working of Parliament.

Parliamentary Affairs Minister Narendra Singh Tomar briefed the media on what transpired in the meeting.

“The Prime Minister said that we all need to cooperate with each other on the issues of public interest. He underlined that in a democracy both the government and the opposition share their inputs for efficient governance,” Tomar said, quoting the Prime Minister.

“The Prime Minister also said that the government was ready to discuss all issues as per rules and procedures. If anybody wants to bring something to the government’s notice inside the House or even outside, we are open to it,” he added.

Tomar said that all the political parties present at the meeting have assured full cooperation in the smooth functioning of Parliament.

Narendra Modi
Narendra Modi (Wikimedia Commons)

Asked if the government was ready for a JPC probe in the Rafale fighter jets deal, he said the opposition had several issues including Rafale, farmers’ plight and economy “but they would have to prioritise things as the session was only four weeks long.

“These things can be settled in the Business Advisory Meetings,” he added.

The Minister said a legislation on Ram Mandir was “not the topic of today’s discussion”.

Also Read- Australia Proposes To Strengthen Regulations of Facebook, Google

“When something to this effect comes up, we will let you know,” he said.

He said the government had 46 items on the agenda including three ordinances, Supplementary Budget and government legislations.

The session would have 20 sittings spread over 29 days. (IANS)