Nu 225mn of agriculture produce exported last month

Govt. exported around 6,568MT of agricultural produce to India and Bangladesh and is importing only onion and tomato as of now Bhutan’s export and import business has been among the worst hit by the ongoing pandemic, especially in the first four months of the current financial year. But amidst this gloom, the Department of Agricultural […]

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Fiscal deficit for FY2020-21 increases to Nu 15.33bn

This is Nu 0.01bn more than the original estimate The fiscal deficit in absolute figures has increased to Nu 15.33bn from the original estimate of Nu 15.32bn due to incorporation of loan-funded activities. However, this impact on the net internal borrowing as equivalent amount was realized through external borrowing. The first quarter budget performance report […]

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Banks to issue RuPay cards for Bhutanese to use in India

With the introduction of the second phase of RuPay card in the country, Bhutanese travellers to India can withdraw INR and make payments with their RuPay cards in India. Indian travellers to Bhutan can withdraw Ngultrum at ATMs and make payments at points of sale as well. The RuPay card scheme is a cross-border payment […]

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BCCI takes part in virtual agri-expo

The Bhutan Chamber of Commerce and Industry (BCCI) participated in the first ever virtual exhibition on ‘6th India Farm 2 Fork-International Conference, Exhibition and Buyer Seller Meet’ from November 4 to 6, 2020. The platform showcased products to build business linkages, explore markets and promote trade and investment opportunities in India among Memorandum of Understanding […]

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Maximum allowable retail price of onion and tomato out

Following a deluge of complaints from consumers on the skyrocketing prices of onion and tomato in the market, the Office of Consumer Protection (OCP), Ministry of Economic Affairs, shared on Wednesday the maximum allowable retail price of onion and tomato fixed by the Department of Agricultural Marketing and Cooperatives (DAMC). The retail price, according to […]

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Vendors want CFM to function at half the capacity

Centenary Farmers Market (CFM) currently operates at one-third of its capacity with 170 vendors at a given time. However, the number of selling days for the vendors is limited and they are worried about their unsold vegetables.  The CFM Tshogpa, Dendup said that vendors are worried about their business as they do not complete selling […]

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Bhutan, India agree to Air Travel Bubble Arrangement

With Bhutan and India agreeing to Air Travel Bubble Arrangement (ATBA) on September 18, Drukair operated its first flight under this arrangement to Bagdogra, India on Thursday. The ATBA is expected to enable flight operations between the two countries till the resumption of normal International flights between Bhutan and India. With this arrangement, Drukair will […]

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Nu 1.17bn approved for Digital Drukyul in FY 2020-21

Nine components under the Digital Drukyul flagship program are in full swing which make for 51.3% of financial progress with an approved budget of Nu 1.17bn in financial year (FY) 2020-21. The components include Integrated citizen services, E-Patient Information System, Digital School, E-Business, One Digital Identity, Government Initiated Network and ICT Capacity and Capability. According […]

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Exploring domestic tourism market amid Covid-19

With the coronavirus pandemic causing the closure of national borders and the suspension of international travel, the government is exploring ways to boost domestic tourism. Although domestic tourism has not picked up much so far, its importance and potential has been recognized for quite some time now. In fact, domestic tourism is an important component […]

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