Bhutan is a tiny monarchy lying in the lap of gigantic Himalaya, and striving hard to graduate from the list of LDCs by 2023. The progress of any nation depends on the level of educational development, and ICT is a powerful tool to improve it. The developmental goals of Bhutan revolve around the unique concept of ‘Gross National Happiness’ (GNH), rather GNH is Bhutan’s compressive development doctrine. The GNH has been associated with various aspects of Bhutan; whether it is economic, social or cultural. To go further on the path of development Bhutan has set long term goals for the nation to become a “knowledge-based society” with ICTs as the major platform. This paper aims to understand and examine the co-relation between GNH, ICTs, and development paradigms of Bhutan. Secondly, whether ICT can be helpful in achieving the developmental goals of the nation is the question that this paper will try to address with reference to Bhutan. Thirdly, will try to know how Bhutan has been successful in striking the balance between development, environmental conservation, and spirituality; as Bhutan is suppose to present a notable example.