India increases developmental aid to SL

IndiaThe Indian Ministry of External Affairs has had its budget increased by 20% from Rs117.39bn (£ 537.5mn) last year to Rs141.3bn (£646.9mn) in 2014-15, by Finance Minister P Chidambaram.

According to the figures in the Economic Times of India, Sri Lanka is the third highest recipient of Indian developmental funds, and saw an increase from Rs4.1bn (£18.8mn) to Rs5bn (£22.9mn).

 

Country 2014/15 (Indian Rs) 2013/14 (Indian Rs)
Bhutan 50.5bn (£231.3mn) 41.1bn (£188.2mn)
Afghanistan 6bn (£27.5mn) 5.25bn (£24mn)
Sri Lanka 5bn (£22.9mn) 4.1bn (£18.8mn)
Nepal 4.5bn (£21mn) 3.8bn (£17.4mn)
Bangladesh 3.5bn (£16mn) 5.8bn (£26.6mn)
Myanmar  3.3bn (£15mn) 2.55bn (£11.7mn)
African countries 60bn (£27.5mn) 5.25bn (£24mn)
Other countries 1.22bn (£16mn) N/A

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