India provides NRs 45.66 mn to Nepal for hostel construction

India has provided 45.66 million rupees in financial assistance to Nepal for a newly-built hostel of a vocational school here that will help students from outside the Kathmandu Valley in completing their education.
The three-storyed hostel of the MadanAshrit Memorial Technical School will facilitate the students in improving their professional skills and become economically independent, said a statement released by the Indian embassy here.
The hostel building has been constructed with the financial support of NRs 45.66 million by India, it said.
Run by the Madan-Ashrit Foundation, the hostel was jointly inaugurated yesterday by Indian Ambassador Ranjit Rae and senior CPN-UML leader Pradip Nepal, who is also the chairman of the non-profit social organisation.

The new building has been named after CPN-UML general secretary Madan Bhandari and senior leader Jeev Raj Ashrit, who were killed in a road mishap over two decades ago in Chitwan area.
The school, established in 2009, conducts vocational courses as well as other community-oriented short-term vocational training with the help of Centre for Technical Education, and Vocational Training (CTEVT), Govt of Nepal.