Bangladesh and India on Thursday signed a memorandum of understanding on the implementation of small developmental projects in Bangladesh.
Economic Relations Division secretary Abul Kalam Azad and Indian High Commissioner to Bangladesh Pankaj Saran signed the MoU on behalf of their respective governments.
The MoU provides for the implementation of small developmental projects under Indian grant assistance in Bangladesh through local bodies and educational and vocational institutions, said a press release of Indian High Commission.
Project proposals, not exceeding Tk 250 million, will be routed through the ministry of finance, Bangladesh.
The MoU is intended for small infrastructure projects in the areas of livelihood activity, education, health, or community development.
-With New Age input
