India’s development grants more than double in 5 years2 min read . Updated: 29 Apr 2019, 01:01 AM IST
- India’s development assistance has risen from $11 bn in 2013-14 to $28 bn in 2018-19
- India extended 278 lines of credit totalling about $28 billion to 63 countries—most of them in Africa and Asia during 2018-19
India’s development partnership assistance, extended to countries through concessional loans, has more than doubled in the past five years as the world’s fastest-growing major economy attempts to sustain its influence in Asia, Africa and Latin America amid growing Chinese presence in these regions.
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