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India - Maldives UPSC NOTE

 Allocation of funds from India's Ministry of External Affairs in the recent budget 

  • India’s neighbourhood received a substantial share of the annual allocation for the Ministry of External Affairs in the interim Budget presented by Finance Minister Nirmala Sitharaman on Thursday. 

  • Out of all the countries in the neighbourhood, Bhutan has received ₹2,398.97 crore as allocation for the current fiscal year.

  • While Nepal has come second with ₹650 crore for various development projects currently under way in the Himalayan country. 

  • For 2024-25, Nepal has received an allocation of ₹700 crore.

  • The Maldives, which has been in the news recently because of anti-India protests and remarks from its top leadership, has seen a substantial bump in allocation

  • The allocation for the Maldives for 2023-24 was ₹400 crore which went up to ₹770.9 crore this time. 

  • This indicates that India is increasing investments in the archipelago nation.

  • Indian projects in Bangladesh under current fiscal will receive ₹130 crore

  • A sum of ₹220 crore has been allocated for Afghanistan which is governed by the Taliban that is yet to find official recognition from India.

  • Sri Lanka will receive ₹60 crore of the allocation for the current fiscal. 

  • Conflict-struck Myanmar has received ₹370 crore in the current fiscal.

Seychelles and Mauritius location



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Learnerz IAS | Concept oriented UPSC Classes in Malayalam: India - Maldives UPSC NOTE
India - Maldives UPSC NOTE
Learnerz IAS | Concept oriented UPSC Classes in Malayalam
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