India commits ₹2,280-crore loans to Nepal for infrastructure
India has committed soft loans amounting to $340 million (around ₹2,280 crore) to Nepal for infrastructure projects. Through these loans, India committed itself towards a bridge project and 15 road projects in the neighbouring country. Railways Minister Suresh Prabhu, during his visit to Nepal, signed a letter of exchange with Nepalese Minister Ramesh Lekhak in this regard.