On 4 August 2014, Prime Minister Narendra Modi wound up his “historic” visit to Nepal with a slew of sops focussing on the 4 Cs— cooperation, connectivity, culture and constitution—to enhance bilateral ties. This was the first bilateral visit to Nepal by a Indian Prime Minister in 17 years. During the visit, Mr Modi assured Nepal that India did not want to interfere in its internal affairs.
Prime Minister Modi, while addressing Nepal Constituent Assembly, announced Rs 10,000 crore ($ 1 billion) concessional line of credit to Nepal for various development purposes.
The two sides also signed three agreements, including a Rs 69 million grant to Nepal to supply iodated salt to curb iodine deficiency diseases. The second agreement was regarding the amendment of Articles 17 and 18 of the Pancheswor Multiple Project. The third agreement was on cooperation between Nepal Television and Doordarshan, the State-owned television stations of both the countries.
Proposing a model development formula for Nepal, Mr Modi said, “I want to HIT Nepal”; elaborating his strategy, he said HIT in his lexicon implies: H:Highways, I:I-ways and T:Transways. He added that these three combined together would pave the way for rapid development of Nepal.
The two countries also agreed to “review, adjust and update” the Indo-Nepal friendship treaty of 1950 and also decided to find a permanent solution to the boundary issue so that it is not misused by “unscrupulous elements” posing security threats to either side.
Prime Minister Modi and his Nepalese counterpart Sushil Koirala welcomed the decision of the Joint Commission to direct the foreign secretaries of the two countries to meet and discuss specific proposal to revise the Treaty of Peace and Friendship of 1950, which the Government of Nepal agreed to provide at the earliest.
Under the provisions of the treaty, Nepalese citizens have enjoyed unparalleled advantages in India, availing the facilities and opportunities on par with Indian citizens.