As China looms, India redirects foreign aid to Indian Ocean countries

Indian Ocean countries get a larger share of Indian aid as New Delhi counters China (photo: Modi visits Maldives)

By Ajai Shukla

(Edited version in) Business Standard, 8th July 19

To backstop India’s influence in its extended neighbourhood, Friday’s budget has raised the allocation for providing financial aid to friendly regional countries by over 26 per cent. Last year’s revised

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Author: Broadsword

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