AGP Executive Report
Last update: 4 hours agoIndia-Bhutan Development Push: Foreign Secretary Vikram Misri’s Thimphu visit wrapped up with a Rs 4,000-crore energy Line of Credit and approval of 12 new projects worth Rs 332 crore under Bhutan’s 13th Five-Year Plan, spanning infrastructure, healthcare, agriculture, urban amenities and disaster management. Digital Finance & Bitcoin: Gelephu Mindfulness City named Toronto-based 3iQ as the first institutional manager for part of its Bitcoin treasury, with a mandate to manage a portion of reserves and train local staff while setting up a long-term presence. Water Security Planning: Bhutan launched a Climate Adaptation Investment Plan for the water sector, mapping 187 adaptation activities across drinking water, irrigation, flood and glacial lake outburst flood protection, and watershed and hydropower resilience. Remote Sensing Coordination: Bhutan rolled out a National Remote Sensing Framework to reduce siloed satellite/drone use and standardize data sharing for disaster management, environmental monitoring, agriculture and land planning. Cross-Border Payments Trend: UPI’s global reach kept expanding as the Maldives launched a real-time Favara-UPI corridor with India, with Bhutan listed among UPI merchant-payment countries. Local Business Infrastructure: Tsirang District Administration began building a Damphu Economic Hub to sell organic farm produce and add cafés and recreation, targeting completion next year.
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