India has allocated Rs 3.0 billion as financial assistance for Bangladesh in the upcoming 2022-23 financial year.
Indian Finance Minister Nirmala Sitharaman announced the allocation, which is up from Rs 2.0 billion allocated in the outgoing (2021-2022) financial year, while presenting the budget in their parliament on Tuesday, reports BSS.
Apart from this, the minister also announced Rs 6.0 billion for Myanmar, which is Rs 2.0 billion more than last financial year, and Rs 7.50 billion for Nepal in the coming fiscal and Rs 22.66 billion for Bhutan. But this is lower than Rs 30.05 billion in 2021-22 fiscal.
However, India has allocated Rs 2.0 billion as aid to Taliban-ruled Afghanistan for 2022-23 fiscal. Afghanistan saw a Taliban takeover in August last year and since then India has sent humanitarian aid to the country in the form of medicine.
The Maldives will receive Rs 3.60 billion (as against Rs 2.50 billion in 2021-22) also saw an increase in India's annual aid provision in budget document.
The second highest recipient in the coming financial year of the allocation will be the Indian Ocean island of Mauritius with Rs 9.0 billion.
