Tag - Nepal

“India-Nepal open borders should not be misused by unwanted elements,” says PM Modi

On Saturday in a press conference, PM Modi said that the friendship between India and Nepal is unique and cannot be seen anywhere else.

“The friendship of India and Nepal, the relationships of our people, such an example is not seen anywhere else in the world. Our civilization, our culture, the threads of our exchanges; are connected since ancient times. We have been companions of each other’s happiness and sorrows since time immemorial. The basis of our partnership is the mutual relations between our people and the exchanges between them. These give energy to our relations, maintain them,” said PM Modi.

PM Modi said that the introduction of Jayanagar-Kurtha rail line will make great contribution to smooth, hassle-free exchange between the people of the two countries.

“Prime Minister Deuba ji and I have also agreed to give priority to the initiatives on trade and cross border connectivity in all respects. The introduction of Jayanagar-Kurtha rail line is a part of this. Such schemes will make great contribution to smooth, hassle-free exchange between the people of the two countries,” said Modi.

He also talked about the introduction of the Rupay card in Nepal and other projects like Nepal Police Academy, Integrated Check Post at Nepalganj and Ramayana Circuit etc. he said that this projects will bring the two countries closer.

Modi emphasized on how the open borders between India and Nepal should not be misused.

“We also discussed today the issue of Open borders of India and Nepal being misused by unwanted elements. We also stressed on maintaining close cooperation between our defense and security institutions,” PM Modi said.

 

Nepal adopts India’s UPI for digital transactions

A government periodical ‘New India Samachar’ in its latest edition said Nepal has adopted the unified payment interface developed by India for digital transactions. Earlier this year, Bhutan also launched a BHIM-UPI based payment system.

“Many countries praised the CoWin app, which was created for vaccination during the first Covid period, and Nepal has now adopted India’s UPI (Unified Payment Interface) for digital transactions. It will bolster interoperable real-time person-to-person (P2P) and person to-merchant (P2M) transactions. As a result of this, the people of Nepal will benefit from the best facility for easy digital payments,” read the article written in New India Samachar.

According to official data provided by the National Payments Corporation of India, Bharat Interface for Money-Unified Payments Interface (BHIM-UPI) has achieved a record of 4,527.9 million digital payment transactions with the value of Rs 8,26,843 crore till February 28, 2022.