RuPay card Phase-II launched by PM Modi in Bhutan

RuPay card Phase-II launched by PM Modi in Bhutan

New Delhi (NVI): Prime Minister Narendra Modi today virtually launched phase two of RuPay card in Bhutan along with his Bhutanese counterpart Lotay Tshering. The card would help Bhutanese tourists in India in shopping and other transactions.

While speaking on the occasion, PM Modi said that he is glad to know that that there have been 11,000 successful Rupay transactions in Bhutan already.

“Had Covid not happened, this number would have been much higher. We are launching the Phase II of the RuPay Card scheme,” the PM said.

The 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.

At the launch, PM Modi also spoke about a framework signed by both the countries for peaceful usage of outer space. He said it will give a boost to India-Bhutan ties.

The PM said that India has recently opened its space sector for private enterprises. “This will promote capacity, innovation and skills,” he added.

PM further said that work is going on rapidly to send Bhutan’s satellite to space with the help of ISRO, next year. “For this purpose, Bhutan’s four space engineers will go to ISRO in December, I send my regards to them,” PM said.

Modi also welcomed  Bhutan’s agreement with BSNL on the Third International Internet Gateway.