In the recently presented interim budget by Finance Minister Nirmala Sitharaman, details of India’s financial assistance to foreign nations have been disclosed for the fiscal year 2024-25.
Bhutan emerges at the forefront, securing ₹2,398 crore in grants and loans, emphasizing India’s continued commitment to its neighboring nations. Other countries receiving aid include Maldives (₹600 crore), Nepal (₹650 crore), Myanmar (₹370 crore), Mauritius (₹330 crore), Afghanistan (₹220 crore), Bangladesh (₹130 crore), Sri Lanka (₹60 crore), Seychelles (₹10 crore), and Mongolia (₹5 crore).
Notably, Maldives sees a 22% reduction in aid compared to the previous financial year, where it received ₹770.90 crore. These allocations underscore India’s dedication to fostering diplomatic relations and supporting the developmental aspirations of friendly nations.
Country | Allocation |
Bhutan | ₹2,398 crore |
Nepal | ₹650 crore |
Maldives | ₹600 crore |
Myanmar | ₹370 crore |
Mauritius | ₹330 crore |
Afghanistan | ₹220 crore |
Bangladesh | ₹130 crore |
Sri Lanka | ₹60 crore |
Seychelles | ₹10 crore |
Mongolia | ₹5 crore |