The 2025 Union Budget announced by FM Nirmala Sitharaman allocates significant aid to neighboring nations, with Bhutan receiving Rs 2,150 crore, and Afghanistan seeing a doubling of assistance to Rs 100 crore. Budget cuts in foreign aid reflect changing strategic priorities. Notable increases include Rs 600 crore for the Maldives and Rs 350 crore for Myanmar, amid ongoing tensions.

In her eighth budget presentation, Union Finance Minister Nirmala Sitharaman unveiled the Union Budget for 2025, highlighting significant allocations for neighboring countries. The financial aid for Bhutan remains the largest at Rs 2,150 crore despite a reduction of Rs 393 crore. Additionally, Bangladesh, Nepal, and Sri Lanka received allocations of Rs 120 crore, Rs 700 crore, and Rs 300 crore, respectively.

The Ministry of External Affairs has been allocated Rs 20,516 crore, while the overall budget for foreign aid decreased to Rs 5,483 crore, compared to Rs 5,806 crore last year. India has notably doubled its aid to Taliban-led Afghanistan from Rs 50 crore to Rs 100 crore. This decision reinforces India’s engagement with the Taliban government, marked by diplomatic interactions.

The Maldives has experienced an increase in economic assistance, amounting to Rs 600 crore, as President Mohamed Muizzu strengthens ties with India. Conversely, India’s aid to Myanmar has been reduced to Rs 350 crore due to the ongoing civil conflict. Additionally, Rs 225 crore has been allocated for African nations and Rs 60 crore for Latin American countries for development assistance.

Overall, the 2025 Union Budget reflects India’s foreign policy priorities and responses to changing geopolitical dynamics in the region, emphasizing critical partnerships while adapting to the evolving landscape of international relations.

The 2025 Union Budget represents India’s commitment to providing financial assistance to neighboring countries, reflecting both strategic interests and humanitarian considerations. The allocation of resources indicates India’s approach toward strengthening diplomatic ties, particularly in the wake of changing political landscapes in countries like the Maldives and Afghanistan. The reductions and increases in aid also signal India’s responses to regional conflicts and partnerships amidst global challenges.

In conclusion, the Union Budget for 2025 reflects India’s ongoing commitment to foreign aid amidst changes in regional dynamics. Bhutan continues to receive the largest share of financial assistance, while strategic nations like Afghanistan and Maldives see notable increases in support. The adjustments in aid allocations illustrate India’s diplomatic priorities and adaptability in addressing international relations within its neighborhood and beyond.

Original Source: www.india.com

Related posts:

India Increases Aid to Maldives in Budget 2025 Amid Improving Diplomatic Relations India’s Strategic Engagement in Afghanistan: A Shift in Geopolitical Dynamics Iran’s Economic Challenges: A Deepening Dependency on China and Structural Inefficiencies Nepal’s K.P. Sharma Oli Visits China Seeking Investment and Infrastructure Renewal