More funds due to ‘Vaccine Maitri’, UNSC seat

At least 42% of the funds meant for the Development Partnership portfolio

More funds due to ‘Vaccine Maitri’, UNSC seat

File photo

Tribune News Service
New Delhi, February 1

The proposed budgetary allocation of the Ministry of External Affairs is the highest-ever at Rs 18154.,73, roughly 5 per cent higher than the budgetary estimates of Rs 17346.71 crore and 21 per cent higher than revised estimates of Rs 15,000 crore.

At least 42 per cent of the funds are meant for the Development Partnership portfolio, which continues to be the MEA’s focus and priority.

As part of India’s Neighbourhood First policy, the largest share of aid is towards for. The pattern of allocations also reflects the deep and extensive development partnership engagement with Nepal, Myanmar, IOR, Eurasian and African countries.

 A significant share of the aid portfolio in the Budget is to cater to India’s sustained Covid aid assistance to friendly countries including “Vaccine Maitri” grants.

Given India’s membership of the UNSC in 2021-22 and India’s commitment towards multilateral cooperation, enhanced allocation has been earmarked under UN and Other International Organisations, as compared to earlier years.

Enhanced allocation has been made commensurate with India’s expanding diplomatic footprint, with opening of new missions, towards embassies and missions abroad.

 

Tribune Shorts


Top Stories

Air pollution: Five-member task force, multiple flying squads get into action

Air pollution: 5-member task force, multiple flying squads get into action

Schools, colleges in Delhi-NCR to remain closed till further...

'You want to ban industries in Pakistan': Supreme Court to UP counsel on air pollution

'You want to ban industries in Pakistan': Supreme Court to UP counsel on air pollution

Senior advocate Ranjit Kumar submitted before a bench that t...

Omicron may decrease efficacy but existing vaccines will still help: Govt

Omicron may decrease efficacy but existing vaccines will still help: Govt

Does not rule out a third wave, but it would be mild

Kangana Ranaut alleges her car was attacked by 'farmers' in Anandpur Sahib as she entered Punjab

Kangana Ranaut's car stopped by protesting farmers near Kiratpur in Punjab

The incident took place when she entered Punjab from Himacha...

Mob in Pakistan’s Punjab province lynches Sri Lankan citizen over ‘blasphemy’

Mob in Punjab province of Pakistan lynches Sri Lankan factory manager over blasphemy

Priyantha Kumara was working as General Manager at a factory...

Cities

View All