In this regard, Nepal promised relaxation in infrastructure, tax structure, redressal of single window grievances, special rights and exemptions to facilitate ways for the Indian business community.

“It’s an opportune time to invest in Nepal with bilateral trade on the upswing and we assure the Indian industry that our government would provide all possible support to investors,” Embassy of Nepal Charge d’Affairs Bharat Kumar Regmi.

Regmi said this in his address at the Indo-Nepal Trade and Investment Opportunities seminar organized by the Federation of Indian Chamber of Commerce and Industry (FICCI) in Mumbai on December 21, 2017, with an aim to encourage economic and business cooperation between the two countries.

Krishna Hari Pushkar, Minister(Economic), Government of Nepal, highlighted Nepal’s potential in infrastructure, hydro-power, tourism, agro-based industries, mining and minerals, education, health, manufacturing, IT and construction sectors.

Cultural counsellor from the Nepal Embassy Krishna Prasad Pantha called on stressed on the need for strengthening of people-to-people and cultural ties between the two countries.

India Should Rethink

Meanwhile, in another statement, the Communist Party of India (CPI)-Marxist General Secretary Sitaram Yechury felt that India need to rethink on its bilateral relations with Nepal following the victory of Communist Alliance in the recently-concluded Nepali parliamentary and provincial polls.

“The important political development in Nepal should lead to a re-thinking and change in India’s attitude to Nepal. The Modi-led Indian Government should strive to establish close relations of cooperation based on equality and non-interference in the internal affairs of Nepal.” said the Indian CPI-M leader.

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The two-week-long journey that began on December 14, 2017, involving elderly Nepali citizens, is a joint initiative of the Nepal Bharat Friendship Society and the Indian Mission in Nepal.

     The two-week-long journey began on December 14, 2017

As part of the journey, the pilgrims will travel around India and Nepal.

“India has age old relations with Nepal which includes the religious, social and the cultural relations. The culture and the other things are similar between the two sides. Many things in Nepal such as Shraddha (commemorating the deceased ones) do not get completed without the pilgrimage tour in India,” says Prem Lashkery, President of Nepal Bharat Friendship Society.

Entering India through Nepal’s Birgunj, the pilgrims will cover Indian places such as Harihar Kshetra, PunPun, Gaya, Bodh Gaya, Kashi Bishow Nath, Bindhabasini, Chitra Kut, Allahabad, Prayag, Ayodhya Ram Janma Bhumi, Gorakh Nath, Tribeni and Devghat before returning to Kathmandu.

Meanwhile, Bidur KC , a pilgrim traveling with the team, feels that this tour will strengthen the Nepal-India relationship.

“This also shows that the relation between the countries is not confined to political level only, but very good relation exists in the religious sector too,” he added.

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