India has released the second tranche of Rs 500 crore to Bhutan for the development of infrastructure related to the GyalSung Project.

This comes less than a week after Prime Minister Narendra Modi on March 23 concluded a fruitful two-day state visit to Bhutan during which he assured Thimphu of New Delhi's firm support in its quest for development and agreed to provide Rs 10,000 crore to the Himalayan nation over the next five years.