Bhutan grabs dragon’s share of aid in Bud­get

Bhutan Times - - Home - Pradeep Thakur

NEW DELHI: Prime Min­is­ter Naren­dra Modi’s en­gage­ment with Bhutan has helped the King­dom na­tion with the grants and loans al­lo­cated to the lat­ter go­ing up by nearly 50% — from Rs 4,100 crore last year to Rs 6,000 crore this year. Bhutan has al­ways been get­ting sig­nif­i­cant fi­nan­cial aid from In­dia by way of grants, both un­der plan and non-plan ex­pen­di­ture heads. This year, par­tic­u­larly after PM Naren­dra Modi vis­ited the neigh­bour­ing coun­try soon after his swear­ing-in, the NDA govern­ment has sig­nif­i­cantly in­creased the fi­nan­cial pack­age. Bhutan was Modi’s first for­eign visit. Com­par­a­tively, other coun­tries of the South Asian As­so­ci­a­tion for Re­gional Co­op­er­a­tion (SAARC) have got mar­ginal hikes in grants from the In­dian govern­ment this year. Even Afghanistan, where In­dia’s en­gage­ment has in­creased in re­cent years, has been al­lo­cated Rs 676 crore, not a big hike against last year’s Rs 525 crore.

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