India has reduced its development aid allocation for Bangladesh to 120 crore rupees in the 2024-25 budget, down from 200 crore rupees in the previous year. Ministry of External Affairs’ overall development assistance budget of 4,883 crore rupees for 2024-25 prioritizes countries like Nepal, Sri Lanka, Bhutan, Maldives, Afghanistan, and Myanmar.
Bhutan remains the highest aid recipient with 2,068.56 crore rupees, although this is also a reduction from the previous year. Aid allocations for Maldives and Afghanistan remain unchanged, while Nepal and Sri Lanka see increases. The total budget for the Ministry of External Affairs for FY 2024-25 is set at 22,155 crore rupees, an increase from the previous year’s allocation but less than the revised estimate.
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