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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