What India has done in Bhutan
The single largest recipient of Indian development grant assistance, concentrated in hydropower, and the only partner whose five-year plan India co-finances directly.
At a glance
1
Global programme
Bhutan took part in a worldwide Indian programme. See the breakdown below.
₹1,675.43cr
Grant assistance recorded
2024-25 · Actual expenditure
Source
India BudgetOFFICIAL SOURCE
Notes on Demands for Grants 2026-2027 — Demand No. 29, Ministry of External Affairs ↗- Published
- 1 February 2026
- Location
- Aid to Countries table, Central Sector Schemes/Projects
- Stated as
- 1675.43 INR crore
Technical details
Record src-budget-2026-2027 · retrieved 30 August 2026 · last verified 30 August 2026
₹4,000 cr
Government-supported Lines of Credit
1 repayable facility
3
Recorded development projects
Our development project register is still being expanded and does not yet cover everything India has built.
Global programme context
Bhutan took part in a worldwide programme
These are worldwide totals. They are shown for context and are NOT this country's share — no country-level breakdown has been extracted from the primary table yet.
Vaccine MaitriGLOBAL PROGRAMME TOTAL
- 1,51,27,000DosesDoses supplied as grant assistance
- 5,20,27,000DosesDoses supplied through the COVAX facility
- 23,40,92,500DosesDoses supplied on commercial terms
- 30,12,46,500DosesTotal doses supplied internationally, all modalities
Bhutan-specific figure: not yet extracted. It will appear here once the per-country row has been read off the primary table.
Development partnership
What India helped build
Our development project register is still being expanded and does not yet cover everything India has built.
EnergyMangdechhu Hydroelectric Project (720 MW)A 720 MW run-of-river hydroelectric plant on the Mangdechhu river, commissioned in 2019 and handed over to Bhutan.REPAYABLE FINANCING2019EnergyPunatsangchhu-II Hydroelectric Project (1,020 MW)A 1,020 MW hydroelectric project on the Punatsangchhu river, developed under the intergovernmental India–Bhutan energy framework.REPAYABLE FINANCINGOtherSupport to Bhutan's Five Year PlanIndia is the principal external partner for Bhutan's Five Year Plans, contributing grant assistance across sectors chosen by the Royal Government of Bhutan.GRANT ASSISTANCE
Repayable financing
Government-supported Lines of Credit
Credit extended through the Exim Bank with Government of India support. This is money the borrowing government repays with interest — it is never counted as grant assistance.
₹4,000 cr
New Government-supported Lines of Credit
1
Repayable facility
- To finance various developmental projects and any other project mutually agreed between th…₹4,000 cr2026REPAYABLE
Grant assistance
Year by year, as actually spent
Actual expenditure recorded in Government budget accounts — not a budget estimate. Estimates are available below for anyone who wants the full ledger.
₹27,018.22 cr
Across 16 recorded financial years
- 2024-25₹1,675.43 cr
- 2023-24₹720.03 cr
- 2022-23₹1,763.11 cr
- 2021-22₹1,203.14 cr
- 2020-21₹1,558.52 cr
- 2019-20₹2,041.41 cr
- 2018-19₹1,985.88 cr
- 2017-18₹1,789.47 cr
- 2016-17₹2,159.91 cr
- 2015-16₹2,127.66 cr
- 2014-15₹2,281.74 cr
- 2013-14₹2,458.3 cr
- 2012-13₹1,572.98 cr
- 2011-12₹1,230.37 cr
- 2010-11₹1,330.55 cr
- 2009-10₹1,119.72 cr
Capital account — lending, not granting REPAYABLE
- 2024-25₹809.65 cr
- 2023-24₹1,611.99 cr
- 2022-23₹704.2 cr
- 2021-22₹443.42 cr
- 2020-21₹539.15 cr
- 2019-20₹626.22 cr
- 2018-19₹494.62 cr
- 2017-18₹800.67 cr
- 2016-17₹1,281.57 cr
- 2015-16₹3,240.8 cr
- 2014-15₹2,113.42 cr
- 2013-14₹1,468.49 cr
- 2012-13₹1,838 cr
- 2011-12₹790.99 cr
- 2010-11₹484.05 cr
- 2009-10₹297.5 cr
Major Head 7605, loans to foreign governments. Never added to the grant figures above.
Budget and Revised Estimates (79) — plans, not payments
| Year | Stage | Account | Amount |
|---|---|---|---|
| 2026-27 | Budget Estimate | Revenue (grant) | ₹1,768.64 cr |
| 2026-27 | Budget Estimate | Capital (loan) | ₹519.92 cr |
| 2025-26 | Budget Estimate | Revenue (grant) | ₹1,775 cr |
| 2025-26 | Budget Estimate | Capital (loan) | ₹375 cr |
| 2025-26 | Revised Estimate | Revenue (grant) | ₹1,607 cr |
| 2025-26 | Revised Estimate | Capital (loan) | ₹343 cr |
| 2024-25 | Budget Estimate | Revenue (grant) | ₹1,078.86 cr |
| 2024-25 | Budget Estimate | Capital (loan) | ₹989.7 cr |
| 2024-25 | Revised Estimate | Revenue (grant) | ₹1,673.78 cr |
| 2024-25 | Revised Estimate | Capital (loan) | ₹869.7 cr |
| 2023-24 | Budget Estimate | Revenue (grant) | ₹1,632.24 cr |
| 2023-24 | Budget Estimate | Capital (loan) | ₹768.34 cr |
| 2023-24 | Revised Estimate | Revenue (grant) | ₹784.61 cr |
| 2023-24 | Revised Estimate | Capital (loan) | ₹1,614.36 cr |
| 2022-23 | Budget Estimate | Revenue (grant) | ₹1,560.01 cr |
| 2022-23 | Budget Estimate | Capital (loan) | ₹706.23 cr |
| 2022-23 | Revised Estimate | Revenue (grant) | ₹1,779.28 cr |
| 2022-23 | Revised Estimate | Capital (loan) | ₹720.87 cr |
| 2021-22 | Budget Estimate | Revenue (grant) | ₹2,124.2 cr |
| 2021-22 | Budget Estimate | Capital (loan) | ₹880.75 cr |
| 2021-22 | Revised Estimate | Revenue (grant) | ₹1,274.64 cr |
| 2021-22 | Revised Estimate | Capital (loan) | ₹480.59 cr |
| 2020-21 | Budget Estimate | Revenue (grant) | ₹2,052.37 cr |
| 2020-21 | Budget Estimate | Capital (loan) | ₹832.28 cr |
| 2020-21 | Revised Estimate | Revenue (grant) | ₹1,650.96 cr |
| 2020-21 | Revised Estimate | Capital (loan) | ₹610.9 cr |
| 2019-20 | Budget Estimate | Revenue (grant) | ₹2,135.79 cr |
| 2019-20 | Budget Estimate | Capital (loan) | ₹666 cr |
| 2019-20 | Revised Estimate | Revenue (grant) | ₹2,048.28 cr |
| 2019-20 | Revised Estimate | Capital (loan) | ₹626.23 cr |
| 2018-19 | Budget Estimate | Revenue (grant) | ₹1,813.5 cr |
| 2018-19 | Budget Estimate | Capital (loan) | ₹836.5 cr |
| 2018-19 | Revised Estimate | Revenue (grant) | ₹2,014.5 cr |
| 2018-19 | Revised Estimate | Capital (loan) | ₹495.5 cr |
| 2017-18 | Budget Estimate | Revenue (grant) | ₹2,083.87 cr |
| 2017-18 | Budget Estimate | Capital (loan) | ₹1,630.26 cr |
| 2017-18 | Revised Estimate | Revenue (grant) | ₹1,779.07 cr |
| 2017-18 | Revised Estimate | Capital (loan) | ₹800.67 cr |
| 2016-17 | Budget Estimate | Revenue (grant) | ₹2,814.5 cr |
| 2016-17 | Budget Estimate | Capital (loan) | ₹2,675.5 cr |
| 2016-17 | Revised Estimate | Revenue (grant) | ₹2,320 cr |
| 2016-17 | Revised Estimate | Capital (loan) | ₹1,547.9 cr |
| 2015-16 | Budget Estimate | Revenue (grant) | ₹2,919.4 cr |
| 2015-16 | Budget Estimate | Capital (loan) | ₹3,240.8 cr |
| 2015-16 | Revised Estimate | Revenue (grant) | ₹2,371.89 cr |
| 2015-16 | Revised Estimate | Capital (loan) | ₹3,240.8 cr |
| 2014-15 | Budget Estimate | Revenue (grant) | ₹3,065.99 cr |
| 2014-15 | Budget Estimate | Capital (loan) | ₹3,008.01 cr |
| 2014-15 | Revised Estimate | Revenue (grant) | ₹2,459.99 cr |
| 2014-15 | Revised Estimate | Capital (loan) | ₹2,411.6 cr |
| 2013-14 | Budget Estimate | Revenue (grant) | ₹2,145.5 cr |
| 2013-14 | Budget Estimate | Capital (loan) | ₹1,468.5 cr |
| 2013-14 | Revised Estimate | Revenue (grant) | ₹2,640.5 cr |
| 2013-14 | Revised Estimate | Capital (loan) | ₹1,468.5 cr |
| 2012-13 | Budget Estimate | Revenue (grant) | ₹1,200 cr |
| 2012-13 | Budget Estimate | Capital (loan) | ₹1,438 cr |
| 2012-13 | Revised Estimate | Revenue (grant) | ₹1,571.06 cr |
| 2012-13 | Revised Estimate | Capital (loan) | ₹1,838 cr |
| 2011-12 | Budget Estimate | Revenue (grant) | ₹1,249 cr |
| 2011-12 | Budget Estimate | Capital (loan) | ₹441 cr |
| 2011-12 | Revised Estimate | Revenue (grant) | ₹1,239 cr |
| 2011-12 | Revised Estimate | Capital (loan) | ₹791 cr |
| 2010-11 | Budget Estimate | Revenue (grant) | ₹915.6 cr |
| 2010-11 | Budget Estimate | Capital (loan) | ₹378.4 cr |
| 2010-11 | Revised Estimate | Revenue (grant) | ₹1,251 cr |
| 2010-11 | Revised Estimate | Capital (loan) | ₹472 cr |
| 2009-10 | Budget Estimate | Revenue (grant) | ₹961 cr |
| 2008-09 | Budget Estimate | Revenue (grant) | ₹818.4 cr |
| 2008-09 | Budget Estimate | Capital (loan) | ₹134.6 cr |
| 2008-09 | Revised Estimate | Revenue (grant) | ₹791.32 cr |
| 2008-09 | Revised Estimate | Capital (loan) | ₹414.6 cr |
| 2007-08 | Budget Estimate | Revenue (grant) | ₹666.31 cr |
| 2007-08 | Budget Estimate | Capital (loan) | ₹104.6 cr |
| 2007-08 | Revised Estimate | Revenue (grant) | ₹683 cr |
| 2007-08 | Revised Estimate | Capital (loan) | ₹48 cr |
| 2006-07 | Budget Estimate | Revenue (grant) | ₹549.11 cr |
| 2006-07 | Budget Estimate | Capital (loan) | ₹70.4 cr |
| 2006-07 | Revised Estimate | Revenue (grant) | ₹564.31 cr |
| 2006-07 | Revised Estimate | Capital (loan) | ₹35.2 cr |
Evidence
Where this comes from
Every figure above keeps its source. Open this to see each one, and which are direct links to the exact document.
Sources & evidence23 sources20 with a direct link to the exact document.View sourcesHide
Financial assistance
India BudgetOFFICIAL SOURCENotes on Demands for Grants 2017-2018 — Demand No. 28, Ministry of External Affairs1 February 2017 · Aid to Countries table, Central Sector Schemes/Projects↗India BudgetOFFICIAL SOURCENotes on Demands for Grants 2018-2019 — Demand No. 28, Ministry of External Affairs1 February 2018 · Aid to Countries table, Central Sector Schemes/Projects↗India BudgetOFFICIAL SOURCENotes on Demands for Grants 2019-2020 — Demand No. 26, Ministry of External Affairs1 February 2019 · Aid to Countries table, Central Sector Schemes/Projects↗India BudgetOFFICIAL SOURCENotes on Demands for Grants 2020-2021 — Demand No. 26, Ministry of External Affairs1 February 2020 · Aid to Countries table, Central Sector Schemes/Projects↗India BudgetOFFICIAL SOURCENotes on Demands for Grants 2021-2022 — Demand No. 28, Ministry of External Affairs1 February 2021 · Aid to Countries table, Central Sector Schemes/Projects↗India BudgetOFFICIAL SOURCENotes on Demands for Grants 2022-2023 — Demand No. 29, Ministry of External Affairs1 February 2022 · Aid to Countries table, Central Sector Schemes/Projects↗India BudgetOFFICIAL SOURCENotes on Demands for Grants 2023-2024 — Demand No. 29, Ministry of External Affairs1 February 2023 · Aid to Countries table, Central Sector Schemes/Projects↗India BudgetOFFICIAL SOURCENotes on Demands for Grants 2024-2025 — Demand No. 29, Ministry of External Affairs1 February 2024 · Aid to Countries table, Central Sector Schemes/Projects↗India BudgetOFFICIAL SOURCENotes on Demands for Grants 2025-2026 — Demand No. 29, Ministry of External Affairs1 February 2025 · Aid to Countries table, Central Sector Schemes/Projects↗India BudgetOFFICIAL SOURCENotes on Demands for Grants 2026-2027 — Demand No. 29, Ministry of External Affairs1 February 2026 · Aid to Countries table, Central Sector Schemes/Projects↗India BudgetOFFICIAL SOURCENotes on Demands for Grants 2007-2008 — Demand No. 31, Ministry of External Affairs28 February 2007 · Technical & Economic Cooperation with Other Countries↗India BudgetOFFICIAL SOURCENotes on Demands for Grants 2008-2009 — Demand No. 30, Ministry of External Affairs28 February 2008 · Technical & Economic Cooperation with Other Countries↗India BudgetOFFICIAL SOURCENotes on Demands for Grants 2009-2010 — Demand No. 31, Ministry of External Affairs28 February 2009 · Technical & Economic Cooperation with Other Countries↗India BudgetOFFICIAL SOURCENotes on Demands for Grants 2011-2012 — Demand No. 31, Ministry of External Affairs28 February 2011 · Technical & Economic Cooperation with Other Countries↗India BudgetOFFICIAL SOURCENotes on Demands for Grants 2012-2013 — Demand No. 31, Ministry of External Affairs28 February 2012 · Technical & Economic Cooperation with Other Countries↗India BudgetOFFICIAL SOURCENotes on Demands for Grants 2013-2014 — Demand No. 32, Ministry of External Affairs28 February 2013 · Technical & Economic Cooperation with Other Countries↗India BudgetOFFICIAL SOURCENotes on Demands for Grants 2014-2015 — Demand No. 32, Ministry of External Affairs28 February 2014 · Technical & Economic Cooperation with Other Countries↗India BudgetOFFICIAL SOURCENotes on Demands for Grants 2015-2016 — Demand No. 33, Ministry of External Affairs28 February 2015 · Technical & Economic Cooperation with Other Countries↗India BudgetOFFICIAL SOURCENotes on Demands for Grants 2016-2017 — Demand No. 28, Ministry of External Affairs28 February 2016 · Technical & Economic Cooperation with Other Countries↗Lines of Credit
EXIM Bank of IndiaOFFICIAL SOURCEExim Bank of India — Government of India supported Lines of Credit, signed LOC statistics as on 31 July 202631 July 2026 · SignedLOCStatisticsReport↗Additional official repositories
Official publishers whose individual supporting document has not been resolved to a direct link yet. These do not carry the same weight as the sources above.
MEAREPOSITORYMinistry of External Affairs — Press ReleasesDate not stated↗MEAREPOSITORYMinistry of External Affairs — Annual ReportsDate not stated↗MEAREPOSITORYMEA — Detailed Demands for GrantsDate not stated↗Every published figure keeps its source provenance. Direct links to the exact official document are shown wherever they have been resolved.
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