India maintains Rs12.8 billion aid for Nepal
Summary
India has announced a grant of Rs12.8 billion for Nepal for fiscal year 2026-27, maintaining the same level of support as last year.
Key Points
- India has allocated Rs12.8 billion grant aid to Nepal for the fiscal year 2026-27.
- This amount is consistent with the previous year's support level.
- India's Finance Minister Nirmala Sitharaman presented the Union Budget stating Nepal's assistance was part of it.
- Other neighbouring countries also received foreign aid allocations, with Bhutan receiving the largest amount at Rs36.61 billion.
