The allocation for Chabahar port is now more than twice the allocation of Rs 45 crore last year.
The government on Saturday allocated Rs 100 crore for the strategically-located Chabahar port project in Iran and Rs 140 cr to Seychelles where it is developing infrastructure in the Assumption Island. It has also allocated Rs 100 crore for organising the G-20 summit in 2022.
The allocation for Chabahar port is now more than twice the allocation of Rs 45 crore last year. The allocation to Seychelles has also gone up substantially as last year’s budget allocation was Rs 50 crore.
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“I am happy to inform that India will host G-20 Presidency in the year 2022 — the year of 75th anniversary of Independence,” she said. “For this historic occasion, I allocate a sum of Rs 100 crore to begin the preparations,” she added.
Shubhajit Roy, Diplomatic Editor at The Indian Express, has been a journalist for more than 25 years now. Roy joined The Indian Express in October 2003 and has been reporting on foreign affairs for more than 17 years now. Based in Delhi, he has also led the National government and political bureau at The Indian Express in Delhi — a team of reporters who cover the national government and politics for the newspaper. He has got the Ramnath Goenka Journalism award for Excellence in Journalism ‘2016. He got this award for his coverage of the Holey Bakery attack in Dhaka and its aftermath. He also got the IIMCAA Award for the Journalist of the Year, 2022, (Jury’s special mention) for his coverage of the fall of Kabul in August 2021 — he was one of the few Indian journalists in Kabul and the only mainstream newspaper to have covered the Taliban’s capture of power in mid-August, 2021. ... Read More
