India cuts outlay to Maldives in 2024-25 Union Budget

2 days ago

India, under its ‘neighborhood first’ policy has allocated the largest share of development aid to Bhutan in the Union Budget for 2024-25 while outlays for Maldives saw a sharp decline. The Indian government has allocated INR 20.7 billion (USD 247 million) as development aid to Bhutan while outlay for Maldives declined to INR 4 billion (USD 47.8 million) from INR 7