India extends about Rs 4,000 crore Line of Credit to Bhutan

16 August 2026National

India and Bhutan signed a Line of Credit (LoC) worth approximately Rs 4,000 crore, reinforcing New Delhi''s development-partnership and "Neighbourhood First" ties with Thimphu.

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Bhutan capital: Thimphu; currency: Ngultrum (pegged to INR) | Bhutan PM (2024-): Tshering Tobgay | India policy: Neighbourhood First

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India signed a ~Rs 4,000 crore Line of Credit with Bhutan, deepening development cooperation under the Neighbourhood First policy.

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