Gelephu Project: Revitalizing Bhutan's Economy

Overview of the Gelephu Project

The Gelephu Project, announced by King Jigme Khesar Namgyel Wangchuck, aims to transform Gelephu into an economic hub on Bhutan's southern border with Assam. This ambitious megacity project is expected to play a crucial role in the economic landscape of Bhutan.

Economic Challenges Ahead

The next Prime Minister, to be elected on January 9, will face significant challenges, including the successful implementation of the Gelephu Project and the revival of Bhutan's struggling economy.

Election Contenders

• Tshering Tobgay: Former Prime Minister and representative of the People’s Democratic Party (PDP), he aims to address youth migration and stimulate economic growth.
• Pema Chewang: A former civil servant and leader of the Bhutan Tendrel Party (BTP), she is committed to supporting the Gelephu Project.

Significance of the Gelephu Project

The Gelephu Project is seen as vital for providing employment and skill development opportunities in Bhutan, which could significantly reduce youth migration. Its impact is expected to resonate beyond Bhutan, benefiting the entire South Asian region.

Economic Context and Challenges

Bhutan's economy has been adversely affected by the COVID-19 pandemic, leading to increased youth outmigration due to a lack of job opportunities. Additionally, rising inflation has become a pressing concern among voters.

Political Dynamics and Election Trends

Historically, Bhutanese elections have often resulted in the incumbents being voted out, with the second rounds featuring unexpected outcomes. Although the PDP currently leads in polls, past election trends indicate that surprises are possible.

Geopolitical Considerations

The King's involvement in the Gelephu Project signifies its potential continuity, regardless of the political shifts that may occur. Furthermore, Bhutan's diplomatic relations with India and China, particularly regarding investments and border demarcation, are crucial for the project's success.

Conclusion

The Gelephu Project and economic revival are central to Bhutan's upcoming elections. This initiative reflects broader concerns regarding youth employment, economic stability, and regional cooperation, shaping the future of the nation.

Frequently Asked Questions (FAQs)

Q1. What is the Gelephu Project about?
Answer: The Gelephu Project aims to develop Gelephu into an economic hub in Bhutan, focusing on job creation and skill development to combat youth migration.

Q2. Who are the main political contenders for the upcoming elections?
Answer: The main contenders are Tshering Tobgay from the People’s Democratic Party and Pema Chewang from the Bhutan Tendrel Party, each focusing on economic issues.

Q3. How has the COVID-19 pandemic impacted Bhutan's economy?
Answer: The pandemic severely affected Bhutan's economy, resulting in youth outmigration due to limited job opportunities and rising inflation concerns.

Q4. What role does the King play in the Gelephu Project?
Answer: The King’s endorsement of the Gelephu Project suggests continuity and support for its objectives, regardless of future political changes.

Q5. Why is the Gelephu Project significant for South Asia?
Answer: The project is seen as beneficial for South Asia by promoting regional economic cooperation and providing employment opportunities, enhancing stability in the region.

UPSC Practice MCQs

Question 1: What is the primary objective of the Gelephu Project?
A) To enhance Bhutan's tourism sector
B) To create an economic hub and reduce youth migration
C) To strengthen Bhutan's military capabilities
D) To improve agricultural production
Correct Answer: B

Question 2: Who is the leader of the Bhutan Tendrel Party (BTP)?
A) Tshering Tobgay
B) Pema Chewang
C) Jigme Khesar Namgyel Wangchuck
D) Dorji Wangchuk
Correct Answer: B

Question 3: How has COVID-19 affected youth migration in Bhutan?
A) It has decreased youth migration
B) It has led to increased youth migration due to job scarcity
C) It has had no effect on youth migration
D) It has improved job opportunities for youth
Correct Answer: B

Question 4: What economic concern is emphasized among Bhutanese voters?
A) Decreasing population
B) Rising inflation
C) Increasing exports
D) Strengthening currency
Correct Answer: B

Question 5: Why is the King’s support important for the Gelephu Project?
A) It ensures financial backing
B) It signifies continuity across political changes
C) It is necessary for public approval
D) It helps in recruiting skilled labor
Correct Answer: B