Sep 17, Kathmandu- Indian Ambassador to Nepal Naveen Srivastava has said that India is in favor of the overall economic development of Nepal.

Ambassador Srivastava, who reached Tikapur in Kailali today to inaugurate the academic and library building of the Tikapur Multipurpose Campus, which was completed in 2014 with the help of the Indian Embassy, said this.

"India has an upsurge of economic development, India is developing as the fifth largest economic power in the world, and plans to become the third largest country in the near future," Ambassador Srivastava said, "Therefore, India wants its neighbor Nepal to develop economically as well".

He said that India is supporting the economic, social, cultural, religious, and material development of Nepal. "We are not only a good neighbor, but we also have cultural relations," he said, "that's why we have been helping in the construction of roads, bridges, schools, and hospitals." Such support is helping Nepal's road transport and business.

He said that since 2002, India has been doing annual cooperation programs in the fields of health and education. The campus and library building were constructed in 2014 at a cost of 35.2 million rupees, starting in 2010 with the help of the Indian Embassy. Due to the Tikapur incident in 2072, the building could not be inaugurated until now.