May 13, 2021, Thursday
३० बैशाख २०७८, बिहीबार

India Decreases Nepali Aid

India Decreases Nepali Aid

India has announced financial assistance of INR eight billion (Rs 12.80 billion) to Nepal for the upcoming fiscal year 2020-21, which is a significant drop in comparison to the last fiscal year.

Presenting the Union Budget for the upcoming fiscal year, Indian Finance Minister Nirmala Sitharaman said India’s aid to the neighbouring countries for the fiscal year 2020-21 stands at INR 50.84 billion.

Nepal had received around INR 7.63 billion in fiscal year 2018-19.