Nalanda Buddhist Institute is a Buddhist monastic school known as shedra. The name Nalanda means ‘insatiable giving’. The shedra is in close proximity to Talo village.

In 1757, the 9^th Chief Abbot, Shakya Rinchen, considered to be a reincarnation of Rechung Dorje Drakpa, founded the Nalanda Monastery. Rechunga was one of two extraordinary disciples of Milarepa in the Kagyu Buddhist lineage. He was known as the “moon like” disciple of Milarepa and travelled to India to bring back profound teachings to Tibet. These important teachings were presented to Milarepa who integrated them into the Kagyu lineage.