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Tawang Monastery is one the oldest and largest Monastic institution in the North-East India. It was established in the 17th Century. It has about 300 monks, about 150 of whom are students.

In 1972, the Prime Minister, Smt. Indira Gandhi, paid a visit to the Monastery at the invitation of the then Abott of the Monastery, Ven. Rigya Rinpoche. At her inspiration, a school was started by the Monastery for educating the monks. Some seed money was also given by the Government of India for it. The School started functioning since 1977. It has been re- christened as Centre for Buddhist Cultural Studies (CBCS, Tawang Monastery)

The regular grant-in-aid is being given by the Ministry of Culture to the Monastery every year. The details of funds allocation and Fund released for last five years are as under:-