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Government’s “Rent to Own” housing programme takes shape with draft proposal

Government’s “Rent to Own” housing programme takes shape with draft proposal

During today’s Meet the Press session, Infrastructure and Transport Minister Chandra Bdr. Gurung said that a task force has been formed, which has drafted a proposal to implement the government’s “Rent to Own” programme. Under the flagship housing programme, the government announced as a part of its election campaign, salaried employees and low-income groups will be able to buy government...

Sangchen Choekhor monastery reconstruction project 65% complete

Sangchen Choekhor monastery reconstruction project 65% complete

With nearly 80 per cent of the work completed, the reconstruction of Sangchen Choekhor monastery in Paro is progressing well. The project, which began in 2021, is led by the Department of Culture and Dzongkha Development. Funded by the government of India with over Nu 400 M, it is on track for completion by 2027. Nearly 100 masons, carpenters and...

Country aims to increase GDP to USD 22bn by 2050, Bhutan’s 21st Century Economic Roadmap – A 10X National Economic Vision

Country aims to increase GDP to USD 22bn by 2050, Bhutan’s 21st Century Economic Roadmap – A 10X National Economic Vision

Bhutan aims to increase its GDP to USD 22bn by 2050, requiring an annual growth rate of eight percent. To achieve this, the country plans to invest in core and emerging sectors such as hydropower, tourism, agriculture, digital economy, manufacturing and mining among others. This is according to "Bhutan’s 21st Century Economic Roadmap - A 10X National Economic Vision" the...

Sangshingzor Vegetable Group eyes expansion amid growing demand and water shortages, Samdrup Jongkhar

Sangshingzor Vegetable Group eyes expansion amid growing demand and water shortages, Samdrup Jongkhar

The Sangshingzor Vegetable Group in Samdrup Jongkhar’s Phuentshogthang Gewog has increased its income through off-season vegetable farming. The group aims to expand production to supply vegetables to local schools and training centers.  However, a water shortage is impeding farmers from scaling up cultivation.  The 17-member group recently harvested around 5,000 kilograms of early potatoes cultivated on an acre of land. ...

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