About India-Bhutan Foundation

The India-Bhutan Foundation was established on 29 August 2003 during the visit of the King of Bhutan (then Crown Prince) to India through an MoU signed between the Royal Government of Bhutan and the Government of India, with the aim of enhancing people-to-people exchanges through activities in mutually agreed areas, in particular, in the educational, cultural, scientific, and technical fields.

The Ambassador of Bhutan to India and the Ambassador of India to Bhutan are the Co-Chairpersons of the Foundation’s Board of Directors.

The Royal Government of Bhutan and the Government of India have contributed Rs. 8 crore each as grant towards the IBF Trust Fund and the entire Trust Fund corpus of Rs. 16 crore is placed in a fixed deposit in Bhutan.

The interest accrued from the fixed deposit is used to finance proposals received from Bhutanese or Indian nationals for studies; research; educational activities; in-service training for citizens of Bhutan and India at institutions of learning located at each other’s countries; exchange visits of scholars, poets, writers, journalists, artists, and other professionals; seminars; symposia; workshops; and support to non-governmental organizations in the two countries whose work contributes to achieving objectives of the Foundation.