India has pledged financial assistance to Nepal

India has pledged financial assistance worth 30.29 million Nepali Rupees for construction of a new college building in Udayapur district in the country. A tripartite Memorandum of Understanding was signed among Indian Embassy, Local Development Officer, Udayapur district, and Shri Narad Adarsha Education Campus of Udayapur district for the construction of the campus building,

according to a press release issued by the Indian mission here. The campus offers three year bachelor course in Education Management and Humanities and also 10+2 curriculum with a total number of 770 students.

The new building would provide much needed classrooms and an improved environment for learning for the students and teachers of the campus, established in 1971.

India–Nepal relations

Modern-day India and Nepal initiated their relationship with the 1950 Indo-Nepal Treaty of Peace and Friendship and accompanying secret letters that defined security relations between the two countries, and an agreement governing both bilateral trade and trade transiting Indian territory. 

The 1950 treaty and letters exchanged between the then Indian government and Rana rulers of Nepal, stated that “neither government shall tolerate any threat to the security of the other by a foreign aggressor” and obligated both sides “to inform each other of any serious friction or misunderstanding with any neighbouring state likely to cause any breach in the friendly relations subsisting between the two governments.”

These accords cemented a “special relationship” between India and Nepal that granted Nepalese the same economic and educational opportunities as Indian citizens in India and preferential treatment to Indians compared to other nationalities in Nepal.

The Indo-Nepal border is open; Nepalese and Indian nationals may move freely across the border without passports or visas and may live and work in either country. However, Indians aren’t allowed to own land-properties or work in government institutions in Nepal, while Nepalese nationals in India are allowed to work in Indian government institutions (except in some states) and some civil services (the IFS, IAS, and IPS).