PM Modi, Bhutan PM jointly launch RuPay card Phase-II



Prime Minister Narendra Modi along with his Bhutanese counterpart Lotay Tshering on Friday launched RuPay card Phase-II that will allow Bhutanese card holders to access the RuPay network in India. India has recently opened its space sector for private enterprises. He asserted that Bhutan's requirements will always be top priority for India. It will boost innovation, capacity and skills.

In his speech via video conferencing, Modi spoke about the deep cooperating between the countries in a gamut of fields, including ISRO's preparation to launch Bhutanese satellites into space and BSNL's agreement with Bhutan regarding third global internet gateway. Prime Minister along with Bhutan Prime Minister had launched the first phase of RuPay card a year ago during his visit. "For this goal, Bhutan's four space engineers will go to ISRO in December, I send my regards to these four youth", PM Modi said on the occasion.

The prime minister added: "From today [Friday], RuPay cards issued by the Bhutan National Bank can be used at ATMs for Rs 1 lakh and for Rs 20 lakh at point-of-sale terminals. The phase-2 will allow Bhutanese cardholders to access RuPay network in India", he added. Prime Minister of Bhutan lauded Modi's efforts in tackling the pandemic. "I am sure India will come out much stronger from the pandemic". He said, the lead that India is taking in developing vaccines is a source of hope for all. The Bhutan Prime Minister thanked India for promising to provide vaccine when it is ready.

Latest News