India Allocates INR 8 Billion Grant to Nepal for Fiscal Year 2026/27
Summary
India will provide an INR 8 billion grant to Nepal for the fiscal year 2026/27, consistent with the previous year's allocation.
Key Points
- India has allocated an INR 8 billion grant to Nepal for fiscal year 2026/27.
- The allocation remains the same as the previous year's grant to Nepal.
- India revised its current year's grant estimate to INR 8.30 billion after initially announcing INR 8 billion.
- India provides the largest grant among neighbors to Bhutan, with INR 22.88 billion allocated in the upcoming budget.
