Rs 100 Rs for the port of Chabahar, but the budget of the Ministry of Foreign Affairs cut
The Union saw the government more than doubling the allocation for the Chabahar port project in Iran, whose fate was the subject of much speculation recently due to increased tensions between the United States and Iran. Although the allocation in the last Budget was Rs 45 million, this year it has increased to Rs 100 million.
While India has virtually stopped importing crude from Iran under pressure from the United States, it has remained committed to the development of the port of Chabahar that allows it to access Afghanistan and Central Asia without going through Pakistan.
India’s total allocation for the immediate neighbourhood ( Afghanistan , Maldives, Bangladesh Nepal Bhutan , Myanmar and Sri Lanka) in 2020-21 is Rs 5,084.65 crore. Last year's figure was Rs 5,652 crore. Even the total budget for the MEA has been reduced by more than Rs 500 million, from Rs 17,884 million last year to Rs 17,336 million.
The biggest loss in terms of aid to countries has been for Nepal whose allocation has gone down from Rs 1,200 crore to Rs 800 crore. The biggest gainer, like last year, has been Bhutan . For overall international cooperation, the budget has been increased from Rs 448 crore to Rs 509 crore.