Budget 2025: Good news for Afghanistan, Bangladesh to receive only Rs…., Maldives and Nepal to get….
It is worth noting that, New Delhi has doubled its aid to Taliban-led Afghanistan, increasing it from Rs 50 crore last year to Rs 100 crore this time.
Finances 2025: Union Finance Minister Nirmala Sitharaman, on behalf of the Central Govt, presented the Union Finances for the financial three hundred and sixty five days 2025. Throughout her eighth budget speech, FM Sitharaman launched that the central government has allocated Rs 120 crore for neighbouring Bangladesh, Rs 700 crore for Nepal, and Rs 300 crore in lend a hand for Sri Lanka. Particularly, Bhutan stays the tip recipient of industrial lend a hand, receiving Rs 2,150 crore, though its budget has been reduced by Rs 393 crore.
Finances Allocation for International Affairs
The Ministry of Exterior Affairs has been allocated Rs 20,516 crore. In comparison to final three hundred and sixty five days, the budget for foreign lend a hand has been reduced, with Rs 5,483 crore earmarked for helping assorted international locations, down from Rs 5,806 crore final three hundred and sixty five days. Additionally, Rs 100 crore has been allocated for Iran’s Chabahar port.
Afghanistan’s Support Doubled
It is worth noting that New Delhi has doubled its lend a hand to Taliban-led Afghanistan, increasing it from Rs 50 crore final three hundred and sixty five days to Rs 100 crore this time. Just as of late, the Indian government has strengthened its engagement with the Taliban-led government, with International Secretary Vikram Misri meeting Taliban leaders.
Finances Cuts for Bhutan
In 2024, Bhutan received Rs 2,543 crore as financial lend a hand from India. Nonetheless, this three hundred and sixty five days the financial lend a hand has been reduced by Rs 393 crore, bringing it to Rs 2,150 crore. Irrespective of the prick value, Bhutan stays the tip recipient of India’s foreign assistance.
Increased Financial Support for Maldives
The Maldives, below its respectable-China President Mohamed Muizzu, has no longer too long ago shown a shift in its intention in direction of India. President Muizzu has even visited India, and the variation is extremely visible. The economic assistance has been elevated for Maldives by Rs 130 crore, elevating it to Rs 600 crore.
Finances Cuts for Myanmar
Amid the continuing civil battle, India has reduced its financial assistance to Myanmar. This three hundred and sixty five days, Myanmar has been allocated Rs 350 crore, down from Rs 400 crore in 2024.
Other Allocations
The budget has establish apart Rs 300 crore for Sri Lanka and Rs 700 crore for Nepal. Bangladesh is slated to receive Rs 120 crore in assistance. Furthermore, Rs 225 crore has been designated for African international locations and Rs 60 crore for those in Latin The US.
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