Bhutan tops India’s foreign aid list

Newsdesk:
The Government of India has allocated the highest foreign aid for Bhutan amounting to INR 20.69 billion for the fiscal year 2024-25, with INR 10.79 billion as grants and INR 9.9 billion as loans, according to India’s union budget 2024-25.
This comprises over 40 percent of the grants and loans allocated by the Indian government as foreign aid.
For the fiscal year 2024-25, the Indian government’s aid (both grants and loans) was projected at INR 48.84 billion.
In the fiscal year 2023-24, the Indian government revised the assistance to Bhutan to INR 23.99 billion. It comprises INR 7.85 billion as grants and INR 16.14 billion as loans.