The India's Ministry of External Affairs (MEA) has actually allocated INR 54,830 million for aid to foreign countries, higher than ins 2015 budget price quote of INR 48,830 million, however lower than ins 2015 revised estimate of INR 58,060 million.Meanwhile, Sri Lanka saw a boost in its help allowance at INR 3,000 million from ins 2015 spending plan quote of INR 2,450 million.The total budget for the MEA stands at INR 20,516 crore lower than the spending plan price quote of INR 22,154 crore and revised price quote of INR 25,277 crore, for the year 2024-2025.
Sources stated that at this stage, no allowance has been made towards EXIM bank provisioning in MEAs budget but may be done at a later phase if the need occurs.
This allotment of INR 20,516.61 crore is an increase of 15.45 % in comparison to last years budget plan without the allocation towards EXIM bank provisioning, sources said.The MEA spending plan has actually positioned a focus on India's Neighbourhood First policy.
INR 4,320 crore 64 percent of the overall scheme portfolio has actually been allocated for the nations immediate neighbouINR for efforts like big infrastructure tasks such as hydroelectric plants, power transmission lines, housing, roadways, bridges and integrated check-posts.
Bhutan continues to be India's largest foreign aid recipient, receiving INR 2,150 crore in 2025-26, which is an increase from last years spending plan estimate of INR 2,068 crore.
Although, this is a decline from last years revised price quote of INR 2,543 crore.
India's allocation for the Maldives has actually increased from INR 400 crore (budget estimate) and INR 470 crore (modified quote) to INR 600 crore.Afghanistan has actually seen its help allocation decline from last years spending plan quote of INR 200 crore to INR 100 crore.
It is a boost from INR 50 crore of modified estimates.
Afghanistan has been allocated a help of INR 100 crore, which is a decline from last years budget plan quote of INR 200 crore but a boost from INR 50 crore of modified estimate.Myanmars allowance increased from INR 250 crore in the 2024-25 spending plan to INR 350 crore for 2025-26.
However, the help has decreased from last years modified price quote of INR 400 crore.India has kept its allotment for Nepal at INR 700 crore.
Sri Lanka saw an increase in its aid allowance at INR 300 crore from last years spending plan price quote of INR 245 crore.Aid to Bangladesh stays unchanged at INR 120 crore while help to African nations rose to INR 225 crore from last years INR 200 crore.Latin Americas allowance has been reduced from last years INR 90 crore to INR 60 crore.
The preliminary spending plan price quote was INR 30 cr.
The allotment for Chabahar Port in Iran stays at INR 100 crore.Source: The Indian Express-- Agencies