Chinese Firm To Print Nepal Notes With Map Featuring Indian Regions
Date
10/31/2024 9:07:37 AM
(MENAFN- Kashmir Observer) Kathmandu- The Nepal Rastra Bank, the central bank of Nepal, has awarded to a Chinese company the contract to print new 100-rupee notes featuring the revised Political map of the country.
Nepal's Council of Ministers approved the design change for the 100-rupee note, which incorporates the three strategically important areas of Limpiyadhura, Lipulek, and Kalapani as part of Nepal.
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The new political map was updated through a process on June 18, 2020, by incorporating Lipulekh, Kalapani and Limpiyadhura by amending its constitution, something that India already termed as“untenable” and the“artificial enlargement” of the territorial claims by Nepal.
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India maintains Lipulekh, Kalapani and Limpiyadhura - in Western Nepal along the border - belongs to it.
The China Banknote Printing and Minting Corporation has been awarded the contract after a competitive global tender process, according to English daily Republica.
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The NRB has requested the company to design, print, supply, and deliver 300 million 100-rupee notes, with an estimated printing cost of about USD 8.99 million, reported the daily.
However, Nepal Rastra Bank's spokesperson was not available when contacted for a comment.
The ties between India and Nepal came under severe strain after Kathmandu published the new political map in 2020 showing three Indian territories - Limpiyadhura, Kalapani and Lipulekh - as part of Nepal.
India reacted sharply, calling it a“unilateral act” and cautioned Kathmandu that such“artificial enlargement” of territorial claims will not be acceptable to it.
Nepal shares a border of over 1,850 km with five Indian states – Sikkim, West Bengal, Bihar, Uttar Pradesh and Uttarakhand.
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