Budget 2024: Bhutan emerges as top recipient of Indian grants and loans | Check full list here

Bhutan emerged as the top recipient of Indian government grants and loans, receiving ₹6,541.79 crore in 2023-24.

Published1 Feb 2024, 03:53 PM IST

This handout photograph taken on February 1, 2024 and released by Indian Press Information Bureau (PIB) shows India's finance minister Nirmala Sitharaman (C) along with the Ministers of State for Finance Pankaj Chaudhary (L) and Bhagwat Kishanrao Karad posing for photos before presenting the annual budget in the Parliament in New Delhi. (AFP) — This handout photograph taken on February 1, 2024 and released by Indian Press Information Bureau (PIB) shows India’s finance minister Nirmala Sitharaman (C) along with the Ministers of State for Finance Pankaj Chaudhary (L) and Bhagwat Kishanrao Karad posing for photos before presenting the annual budget in the Parliament in New Delhi. (AFP)

After Union Finance Minister Nirmala Sitharaman presented the interim budget 2024 on Thursday, the budget documents outlined that Bhutan emerged as the leading recipient of Indian government grants and loans.

The Indian government provided ₹6,541.79 crore to foreign governments with ₹4,927.43 crore as a grant and ₹1,614.36 crore as a loan, as per the revised estimates for 2023-24 as quoted by Hindustan Times. It crossed the budget estimates of ₹5,848.58 crore for 2023-24.

For 2024–2025, the projected grants and loans total ₹5,667.56 crore. It's crucial to remember that this is a vote on account, and the full budget is expected in July following the inauguration of the new administration.

Interim Budget 2024: List of countries ranked as the top recipient of grants from India

1) Bhutan - ₹2,398.97 crore (including ₹1,614.36 crore loan)

2) Maldives - ₹ 770.90 crore

3) Nepal - ₹650 crore

4) Myanmar - ₹370 crore

5) Mauritius - ₹330 crore

6) Afghanistan - ₹220 crore

7) Bangladesh - ₹130 crore

8) Sri Lanka - ₹60 crore

9) Seychelles - ₹9.91 crore

10) Mongolia- ₹5 crore

The Interim Union Budget for the financial year 2024-25 was tabled in the Parliament by Finance Minister Nirmala Sitharaman earlier today. This was the sixth budget presented by the current FM and the last one of Prime Minister Narendra Modi-led government's second term.

The full budget will be presented in July this year after the new government is formed after the Lok Sabha Elections.

The budget focused on fiscal consolidation, infra, agri, green growth, and railways. However, no changes were made in the tax rates, which was a disappointment to salaried individuals.

Catch all the Business News , Breaking News Events and Latest News Updates on Live Mint. Download The Mint News App to get Daily Market Updates.

Business News News IndiaBudget 2024: Bhutan emerges as top recipient of Indian grants and loans | Check full list here

MoreLess

First Published:1 Feb 2024, 03:53 PM IST

Get Instant Loan up to ₹10 Lakh!

Most Active Stocks

Indus Towers share price

363.50

03:56 PM | 5 DEC 2024

4.75 (1.32%)

ITC share price

467.55

03:56 PM | 5 DEC 2024

0.3 (0.06%)

Zee Entertainment Enterprises share price

142.80

03:48 PM | 5 DEC 2024

1.7 (1.2%)

Bandhan Bank share price

177.55

03:29 PM | 5 DEC 2024

-0.55 (-0.31%)

More Active Stocks

Market Snapshot

Top Gainers
Top Losers
52 Week High

Triveni Engineering & Indus share price

446.65

03:40 PM | 5 DEC 2024

37.9 (9.27%)

Kalpataru Projects International share price

1,252.35

03:41 PM | 5 DEC 2024

86.35 (7.41%)

Action Construction Equipment share price

1,426.50

03:53 PM | 5 DEC 2024

87.25 (6.51%)

Indraprastha Gas share price

383.45

03:58 PM | 5 DEC 2024

23.15 (6.43%)

Trending In Market

Recommended For You

More Recommendations

Gold Prices

Bangalore
77,785.00-20.00

Chennai
77,791.00-20.00

Delhi
77,943.00-20.00

Kolkata
77,795.00-20.00

Fuel Price

Petrol
Diesel

Bangalore
102.92/L0.00

Chennai
100.90/L-0.33

Kolkata
105.01/L0.00

New Delhi
94.77/L0.00

Budget 2024: Bhutan emerges as top recipient of Indian grants and loans | Check full list here

Bhutan emerged as the top recipient of Indian government grants and loans, receiving ₹6,541.79 crore in 2023-24.

Interim Budget 2024: List of countries ranked as the top recipient of grants from India

Get Instant Loan up to ₹10 Lakh!

Employment Type

Most Active Stocks

Indus Towers share price

ITC share price

Zee Entertainment Enterprises share price

Bandhan Bank share price

Market Snapshot

Wipro share price

Tech Mahindra share price

HCL Technologies share price

Federal Bank share price

Graphite India share price

Vodafone Idea share price

KEC International share price

Oil India share price

Triveni Engineering & Indus share price

Kalpataru Projects International share price

Action Construction Equipment share price

Indraprastha Gas share price

Trending In Market

Recommended For You

Gold Prices

Fuel Price

Popular in News

Budget 2024: Bhutan emerges as top recipient of Indian grants and loans | Check full list here

Bhutan emerged as the top recipient of Indian government grants and loans, receiving ₹6,541.79 crore in 2023-24.

Interim Budget 2024: List of countries ranked as the top recipient of grants from India

Get Instant Loan up to ₹10 Lakh!

Employment Type

Most Active Stocks

Market Snapshot

Trending In Market

Recommended For You

Gold Prices

Fuel Price

Popular in News

Wait for it…