India Plans 22% Reduction in Financial Assistance to Maldives; Bhutan and Nepal to Receive Larger Share

Aid-for-maldives-Bhutan-gets-larger-share

In the recently unveiled government budget document, India has proposed a 22% reduction in aid to the Maldives for the 2024-25 financial year. The Maldives is now expected to receive INR 600 crore for developmental assistance, ranking it as the third-highest recipient of aid from the government for foreign countries. Bhutan and Nepal are slated … Read more