Kathmandu, Aug 31: Prime Minister Narendra Modi  and his Nepalese counterpart K P Sharma Oli on Friday jointly inaugurated a 400-bed Nepal-Bharat Maitri Pashupati Dharamshala – a rest house for pilgrims – build with the Indian assistance in Kathmandu. Modi said the newly inaugurated dharamshala would be a symbol of strengthening people-to-people power of both countries.

He also underlined the  age-old ties between New Delhi and Kathmandu and expressed satisfaction over the political stability in Nepal.

PM also and assured the neighbouring country of support in its development. “Every Indian is happy to see that there is political stability in Nepal. As a result, the country is developing fast. India’s good wishes and support will always be with Nepal,” said Modi.

He said the Indian economy was touching new heights. “And I must tell you that our Nepali brothers and sisters have equal stakes in it. When we talk about development, it is part of our traditions to think about neighbours’ prosperity as well.”

Modi was in Nepal to attend the BIMSTEC summit. It is his second visit to the Himalayan nation this year.