New Delhi, February 1
The proposed budgetary allocation of the Ministry of External Affairs is the highest-ever at Rs 18,154.73 cr, roughly 5% higher than the budgetary estimates of Rs 17,346.71 crore and 21% higher than revised estimates of Rs 15,000 crore.
At least 42% funds are meant for the development partnership portfolio. As part of Neighbourhood First policy, the largest share of aid is for Covid. The allocation pattern reflects deep development partnership engagement with Nepal, Myanmar, IOR, Eurasian and Africa. — TNS