India has released the second tranche of Rs 500 crore to Bhutan for the development of infrastructure related to the GyalSung Project.

This comes less than a week after Prime Minister Narendra Modi on March 23 concluded a fruitful two-day state visit to Bhutan during which he assured Thimphu of New Delhi`s firm support in its quest for development and agreed to provide Rs 10,000 crore to the Himalayan nation over the next five years.