{"id":100395,"date":"2024-07-23T16:34:02","date_gmt":"2024-07-23T16:34:02","guid":{"rendered":"https:\/\/news.talkwithrattan.com\/index.php\/2024\/07\/23\/india-cuts-development-aid-to-maldives-amid-strained-relations-allocates-highest-for-bhutan-india-news-times-of-india\/"},"modified":"2024-07-23T16:34:02","modified_gmt":"2024-07-23T16:34:02","slug":"india-cuts-development-aid-to-maldives-amid-strained-relations-allocates-highest-for-bhutan-india-news-times-of-india","status":"publish","type":"post","link":"https:\/\/news.talkwithrattan.com\/index.php\/2024\/07\/23\/india-cuts-development-aid-to-maldives-amid-strained-relations-allocates-highest-for-bhutan-india-news-times-of-india\/","title":{"rendered":"India cuts development aid to Maldives amid strained relations, allocates highest for Bhutan | India News &#8211; Times of India"},"content":{"rendered":"<div style=\"text-align:center\"><img loading=\"lazy\" decoding=\"async\" width=\"1280\" height=\"720\" src=\"https:\/\/i2.wp.com\/static.toiimg.com\/photo\/msid-111966246,imgsize-1070804.cms?fit=1280,720&amp;ssl=1\" class=\"attachment-post-thumbnail size-post-thumbnail wp-post-image\" alt=\"India cuts development aid to Maldives amid strained relations, allocates highest for Bhutan | India News &#8211; Times of India\" title=\"India cuts development aid to Maldives amid strained relations, allocates highest for Bhutan | India News &#8211; Times of India\" \/><\/div>\n<div>NEW DELHI: In accordance with <!-- -->India&#8217;s &#8216;neighbourhood first&#8217; policy<!-- -->, the <a href=\"https:\/\/timesofindia.indiatimes.com\/business\/budget\" styleobj=\"[object Object]\" class=\"\" frmappuse=\"1\">Union Budget<\/a> for 2024-25 allocated the largest share of development aid, amounting to Rs 2,068 crore, to <!-- -->Bhutan<!-- -->. However, the <!-- -->Maldives<!-- --> witnessed a significant decrease in its outlay, dropping from Rs 770 crore last year to Rs 400 crore this year.<br \/>In the interim budget released in February, India has proposed a 22% reduction in aid to the Maldives for the 2024-25 financial year.The aid was set at Rs 600 crore for developmental assistance, ranking it as the third-highest recipient of aid from the government for foreign countries. This was reduced further to Rs 400 crore in the budget proposed today, marking a drop of over 48 per cent. <br \/>This reduction in allocation comes amidst strained relations between the two nations following the election of Mohamed Muizzu, known for his pro-China stance, as the president of Maldives in November last year.<br \/>The ministry of external affairs (<!-- -->MEA<!-- -->) received a total allocation of Rs 22,154 crore for the fiscal year 2024-25, compared to the revised outlay of Rs 29,121 crore in the previous year. This allocation remains unchanged from the interim budget presented to the Parliament in February.<br \/>Nepal<!-- --> received the second-largest outlay of Rs 700 crore, while Sri Lanka was allocated Rs 245 crore for 2024-25, a significant increase from the previous year&#8217;s Rs 60 crore. The allocation for the Chabahar Port in Iran remained steady at Rs 100 crore.<br \/>Budgetary aid of Rs 200 crore set aside for Afghanistan, slightly lower than the previous fiscal&#8217;s Rs 220 crore. Bangladesh will receive Rs 120 crore in development aid, and Myanmar&#8217;s allocation has been reduced to Rs 250 crore from last fiscal&#8217;s Rs 320 crore.<br \/>Mauritius is set to receive Rs 370 crore, while African countries have been allocated Rs 200 crore. <br \/>The total development assistance to various countries and regions, including Latin America and Eurasia, amounts to Rs 4,883 crore. Additionally, a sum of Rs 989 crore has been allocated under the category &#8216;advances to foreign governments&#8217;.<\/div>\n<p><script>\nvar _mfq = window._mfq || [];\n_mfq.push([\"setVariable\", \"toi_titan\", window.location.href]);\n!(function(f, b, e, v, n, t, s) {\n    function loadFBEvents(isFBCampaignActive) {\n      if (!isFBCampaignActive) {\n        return;\n      }\n      (function(f, b, e, v, n, t, s) {\n        if (f.fbq) return;\n        n = f.fbq = function() {\n          n.callMethod ? n.callMethod(...arguments) : n.queue.push(arguments);\n        };\n        if (!f._fbq) f._fbq = n;\n        n.push = n;\n        n.loaded = !0;\n        n.version = '2.0';\n        n.queue = [];\n        t = b.createElement(e);\n        t.async = !0;\n        t.defer = !0;\n        t.src = v;\n        s = b.getElementsByTagName(e)[0];\n        s.parentNode.insertBefore(t, s);\n      })(f, b, e, 'https:\/\/connect.facebook.net\/en_US\/fbevents.js', n, t, s);\n      fbq('init', '593671331875494');\n      fbq('track', 'PageView');\n    };\n    function loadGtagEvents(isGoogleCampaignActive) {\n      if (!isGoogleCampaignActive) {\n        return;\n      }\n      var id = document.getElementById('toi-plus-google-campaign');\n      if (id) {\n        return;\n      }\n      (function(f, b, e, v, n, t, s) {\n        t = b.createElement(e);\n        t.async = !0;\n        t.defer = !0;\n        t.src = v;\n        t.id = 'toi-plus-google-campaign';\n        s = b.getElementsByTagName(e)[0];\n        s.parentNode.insertBefore(t, s);\n      })(f, b, e, 'https:\/\/www.googletagmanager.com\/gtag\/js?id=AW-877820074', n, t, s);\n    };\n    function loadSurvicateJs(allowedSurvicateSections = []){\n      const section =  window.location.pathname.split('\/')[1]\n      const isHomePageAllowed = window.location.pathname === '\/' && allowedSurvicateSections.includes('homepage')\n      if(allowedSurvicateSections.includes(section) || isHomePageAllowed){\n        (function(w) {\n         function setAttributes() {\n                    var prime_user_status = window.isPrime ? 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However, the Maldives witnessed a significant decrease in its outlay, dropping from Rs 770 crore last year to Rs 400 crore this year.In the interim budget released [&hellip;]<\/p>\n","protected":false},"author":2,"featured_media":100396,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"tdm_status":"","tdm_grid_status":"","fifu_image_url":"https:\/\/static.toiimg.com\/photo\/msid-111966246,imgsize-1070804.cms","fifu_image_alt":"","footnotes":""},"categories":[604],"tags":[41,58807,1691,1616,1492,12099,1615,3083,273,1612,1613,84265,4284,3929,38667,20396,271,18167,18304,272,1614,40637],"amp_enabled":true,"_links":{"self":[{"href":"https:\/\/news.talkwithrattan.com\/index.php\/wp-json\/wp\/v2\/posts\/100395"}],"collection":[{"href":"https:\/\/news.talkwithrattan.com\/index.php\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/news.talkwithrattan.com\/index.php\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/news.talkwithrattan.com\/index.php\/wp-json\/wp\/v2\/users\/2"}],"replies":[{"embeddable":true,"href":"https:\/\/news.talkwithrattan.com\/index.php\/wp-json\/wp\/v2\/comments?post=100395"}],"version-history":[{"count":1,"href":"https:\/\/news.talkwithrattan.com\/index.php\/wp-json\/wp\/v2\/posts\/100395\/revisions"}],"predecessor-version":[{"id":100397,"href":"https:\/\/news.talkwithrattan.com\/index.php\/wp-json\/wp\/v2\/posts\/100395\/revisions\/100397"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/news.talkwithrattan.com\/index.php\/wp-json\/wp\/v2\/media\/100396"}],"wp:attachment":[{"href":"https:\/\/news.talkwithrattan.com\/index.php\/wp-json\/wp\/v2\/media?parent=100395"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/news.talkwithrattan.com\/index.php\/wp-json\/wp\/v2\/categories?post=100395"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/news.talkwithrattan.com\/index.php\/wp-json\/wp\/v2\/tags?post=100395"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}