maldives's tag archives

India grants Bhutan, Maldives Rs 13.7 bn additional aid

NEW DELHI: India has granted Bhutan and the Maldives Rs 1,370 crore (Rs.13.7 billion) as additional aid, it was announced here on Friday. Of this, Rs 900 crore (Rs 9 billion) will go to Bhutan in two tranches, while Rs 470 crore (Rs 4.7 billion) has been earmarked for the Maldives, Home Minister P Chidambaram said after a cabinet meeting presided over by Prime Minister Manmohan Singh. "Bhutan will get an assistance package of Rs.600 crore (Rs 6 billion) and a standby facility of Rs.300...