News & Upcoming Events

  • Shingkhar Rabney, Ura, Bumthang, 20th October, 24th October
  • Jakar Tshechu, Jakar Dzong, Choekhor, Bumthang, 22nd October, 25th October
  • Jambay Lhakhang Drup, Jambay Lhakhang, Choekhor, Bumthang, 29th October, 1st November
  • Sumdrang Kangsol, Sumdrang Lhakhang, Ura, Bumthang, 11th November, 13th November
  • Crane Festival, Gangtey Gonpa, Phobjikha, Wangduephodrang, 11th November
  • Mongar Tshechu, Mongar Dzong, Mongar, 20th November, 23rd November
  • Trashigang Tshechu, Trashigang Dzong, Trashigang, 21st November, 24th November
  • Tang Namkha Rabney, Tang Namkha, Lhakhang, Tang, Bumthang, 21st November, 23rd November
  • Jambay Lakhang Singye Cham, Jambay Lhakhang, Choekhor, Bumthang, 28th November
  • Chojam Rabney, Chojamrab Lhakhang, Tang, Bumthang, 27th November, 29th November
  • Nalakhar Tshechu, Ngaa Lhakhang, Choekhor, Bumthang, 28th November, 30th November
  • Pemagatshel Tshechu, Pemagatshel Dzong, Pemagatshel, 20th November, 23rd November
  • Trongsa Tshechu, Trongsa Dzong, Trongsa, 21st December, 23rd December
  • Lhuentse Tshechu, Lhuentse Dzong, Lhuentse, 21st December, 23rd December
  • Shingkhar Metochodpa, Shingkhar Lhakhang,Ura, Bumthang, 28th December
  • Nabji Lhakhang Drup, Nabji Lhakhang, Nabji, Trongsa, 28th December, 01st Jan 2013
  • Punakha Drubchhen, Punakha Dzong, Punakha, 15th February, 19th February
  • Punakha Tshechu, Punakha Dzong, Punakha, 20th February, 22nd February
  • Chhorten Kora, Tharpaling Lhakhang, Chummi, Bumthang, 25th February, 11th March
  • Gomphukora, Gom Kora Lhakhang, Trashigang, 20th March, 22nd March
  • Paro Tshechu, Rinpung Dzong, Paro, 23rd March, 27th March
  • Chhukha Tshechu, Chhukha Dzong, Chhukha, 25th March, 27th March
  • Ura Yakchoe, Ura Lhakhang, Bumthang, 21st April, 25th April
  • Nimalung Tshechu, Nimalung Dratshang, Chummi, Bumthang, 16th June, 18th June
  • Nimalung Tshechu, Kurjey Lhakhang, Choekhor, Bumthang, 18th June
  • Thimphu Drubchen, Tashi Chhodzong, Thimphu, 09th September, 13th September
  • Wangdue Tshechu, Wangdi Dzong, Wangduephodrang, 12th September, 14th September
  • Tamshing Phala Chhoepa, Tamshing Lhakhang, Choekhor, Bumthang, 13th September, 15th September
  • Thimphu Tshechu, Tashi Chhodzong, Thimphu, 14th September, 16th September
  • ThangbiI Mani, Tangbi Lhakhang, Choekor, Bumthang, 18th September, 20th September
  • Jambay Lhakhang Drup, Jambay Lhakhang, Choekhor, Bumthang, 18th October, 22nd October
  • Takin Festival, Damji, GASA, 21st October, 23st February
  • Crane Festival, Gangtey Gonpa, Phobjikha, Wangduephodrang, 11th November
  • Mongar Tshechu, Mongar Dzong, Mongar, 09th November, 12th November
  • Pemagatshel Tshechu, Pemagatshel Dzong, Pemagatshel, 09th November, 12th November
  • Trashigang Tshechu, Trashigang Dzong, Trashigang, 10th November, 13th November
  • Nalakhar Tshechu, Ngaa Lhakhang, Choekhor, Bumthang, 17th November, 19th November
  • Trongsa Tshechu, Trongsa Dzong, Trongsa, 09th January 14, 11th January 14
  • Lhuentse Tshechu, Lhuentse Dzong, Lhuentse, 09th January 14, 11th January 14
  • Takin Festival, Damji, Gasa, 21st February, 23rd February
  • Nomad Festival, Nagsephel, Bumthang, 23rd February, 25th February
  • Tharpaling Thongdrol, Tharpaling lhakhang,Chummi, bumthang, 25th February
  • Talo Tshechu, Talo gonpa, Punakha, 20th March, 22nd March
  • Zhemgang Tshechu, Zhemgang dzong,Zhemgang, 20th March, 23rd March
  • Domkhar Tshechu, Domkhar, chummi, Bumthang, 20th April, 22nd April
  • Rhododendron Festival, Lamperi Botanical Garden,Dochula, Thimphu, 11th May, 13th May
  • Kurjey Tshechu, Kurjey lhakhang, choekhor,Bumthang, 18th June
  • Haa Summer Festival, Town festival ground,Haa, 6th July, 8th July
  • Masutaki mushroomFestival, Ura,Bumthang, 17th August, 19th August
  • Tour of the dragon (bicycle race), Bumthang to Thimphu, 7th September
  • Gangtey Tshechu, Gangtey gonpa, phobjikha,Wangduephodrang, 13th September, 15th September
  • Gasa Tshechu, Gasa Dzong, Gasa, 14th September, 16th September
  • Jakar Tshechu, Jakar Dzong, Choekhor, Bumthang, 12th October, 15th October
  • Prakhar Duchhoed, Prakar Lhakhang, Chummi, Bumthang, 19th October, 21st October
  • Black necked crane Festival, Gangtey Gonpa, Phobjikha, Wangduephodrang, 11th November
  • Jambay lakhang Singye cham, Jambay lhakhang, choekhor, Bumthang, 17th November
  • Druk wangyel Tshechu, Dochula, Thimphu, 13th December
  • Nabji Lhakhang Drup, Nabji Lhakhang, Nabji, Trongsa, 15th January, 19th January 2014

Economy

Bhutan’s Economy is a tricky one given its unique philosophy of measuring the country’s progress by Gross National Happiness index rather than Gross National Product. This ensures an equitable spread of prosperity rather than skewed developments in an ad hoc manner.

 

Bhutan still remains an LDC with the rugged terrain making it difficult to develop roads and other infrastructure. Despite this constraint, the hydroelectricity, tourism and construction sectors continue to be the two major industries of growth for the country. Bhutan is predominantly an agrarian society where almost 80% of the population depends on agriculture and animal husbandry for their livelihood.  Besides the dependence on agriculture, the economy is largely based on hydroelectricity, tourism, and forestry. The hydro power project makes up for generating most of the revenue while tourism remains to be highest foreign revenue generator for the country. It is estimated that the total hydro power potential of the country is 30,000 MW of which a mere 5% is currently being tapped.

 

Of late, many industries are coming up and there are hopes of more to follow suit mainly attributing to the new FDI policies of the kingdom. The Tala hydroelectric project, completed March 2007, has bolstered government revenue and exports, and will continue to do so for the next several years. In late 2009, Bhutan signed four memorandum of understanding (MOUs) with India to set up four additional hydroelectric projects in Bhutan. India continues to be the major trading partner on whom the Bhutanese economy very much relies upon. Bhutan also shares monetary links with India and as a result Ngultrum, the Bhutanese currency, is pegged with the Indian rupee.

 

Bhutan’s economy has been on an upturn due to recent sub-regional economic cooperation efforts. Already this plan has strengthened the current trade relations with India, as well as opened an avenue of trade with Bangladesh. In May 2003, the Bilateral Free Trade Agreement between Bangladesh and Bhutan was re-signed. Bangladesh is Bhutan’s second largest trade partner, after India. In January 2004, as a member of the South Asian Association for Regional Cooperation (SAARC), Bhutan also joined the South Asian Free Trade Agreement (SAFTA); In February 2004 Bhutan joined the Bangladesh, Indian, Myanmar, Singapore, and Thailand Economic Cooperation Forum (BIMSTEC). Bhutan has applied for membership in the World Trade Organization and is in the process of get accession to it.