Ngultrum banned in Assam

Amid rupee crisis in Bhutan, the state government of Assam initiated to ban use of Bhutanese currency in the state According to reports, there has been sharp rise in use of Ngultrum in Assam for business transaction and drafts. The Royal Monetary Authority of Bhutan and Reserve Bank of...

Indian businesses learnt to play with Bhutanese economy

For last one year, Bhutanese economy is not performing well, as expected. The government had not expected that increasing trade imbalance with India might create such a trouble. Despite increase in exports of hydropower, Bhutan’s economy has become so fragile that it has to live at the mercy of...

Finally, people start speaking

Here is a statement from a young revolt group in Bhutan that came up to challenge the atrocities of Bhutanese government: Many thanks to everyone who responded and posted their opinions and also sent the many messages in Facebook. We understand that any violence in the form of demonstrations...

Indian support to Bhutan reaches Rs18 billion a year

Indian government proposes more than Rs 18 billion support for Bhutan in next fiscal year through budgetary support and foreign ministry. It is an increase of Rs 6.05 billion from last year. Of the total support, Rs 3 billion is on loan. Read the budget document here....