Finance Minister Nirmala Sitharaman has launched BHIM-UPI QR-based payments in Bhutan will further strengthen the cooperation between the two neighbouring nations. With the launch in Bhutan, the payment infrastructures of the two countries are seamlessly connected and will benefit tourists and businessmen from India who travel to Bhutan. This will enhance the ease of living and travelling through cashless transactions.
The services have started in Bhutan under India’s “Neighbourhood First” policy. She described BHIM UPI as one of the brightest in facilitating digital transactions in India during the pandemic.
Important takeaways for all competitive exams:
- Bhutan Capital: Thimphu;
- Bhutan Prime minister: Lotay Tshering;
- Bhutan Currency: Bhutanese ngultrum.