Busted News Bureau Maharajganj :: There is relief news for travelers and tourists going from India to Nepal. The Nepal government has lifted the ban on Indian currency notes that had been in place for nearly 10 years. Now permission has been given to keep and spend Indian 200 and 500 rupee notes in Nepal. This decision is going to provide great convenience especially to the people and tourists traveling across the border.
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As per the decision of Nepal Government, Indian and Nepali citizens will now be able to carry Rs 200 and Rs 500 notes with them while traveling across the border. However, the maximum limit for this has been fixed at Rs 25 thousand. With this step, Indian travelers visiting Nepal will get relief to a great extent from the trouble of currency exchange.
Business in border areas will gain momentum
According to sources, this decision has been taken after the Reserve Bank of India gave permission to carry large Indian currencies while traveling to neighboring countries. After this, the Government of Nepal also decided to legalize the use of Indian currency. This decision was being demanded for a long time in the areas adjacent to the border.
The tourism sector is expected to benefit the most from this decision. Now Indian tourists will be able to use Indian currency directly in hotels, restaurants, markets, transport and other services. This is likely to boost the business of casinos, big hotels, shopping markets and border areas of Nepal.
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Vishnu Sharma, Former President, Industry Commerce Association Rupandehi, Bhairawa, Nepal
Tourism industry will get a big boost
Vishnu Sharma, former president of Bhairahawa Industry Commerce Association and founder of NATA Institute. Says that allowing Indian currency will strengthen Nepal’s economy, trade will increase and new employment opportunities will be created for the local people. Especially the hospitality and tourism sector will get huge benefit from this decision.
Shri Chandragupta, President, Nepal-India Friendship Association Rupandehi
New strength to India-Nepal relations
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Shri Chand Gupta, President of Nepal India Friendship Association, Rupandehi According to this decision will further strengthen the relations between the two countries. This step is also considered important from political and diplomatic point of view.
Overall, this decision of the Government of Nepal is being considered as a relief for the travelers as well as an important initiative for the economy of Nepal and India-Nepal relations.
Report of Maharajganj Bureau in-charge Vijay Chaurasia
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