Brief by Shorts91 Newsdesk / 01:39pm on 01 Feb 2026,Sunday India
In the Union Budget 2026–27, India made no allocation for the strategically important Chabahar port project in Iran, marking a significant shift from previous years when funds were regularly set aside for its development. The Chabahar port, located on the Gulf of Oman, has been a key element of India’s regional connectivity strategy, offering access to Afghanistan and Central Asia while bypassing Pakistan. Analysts link the absence of funding to escalating tensions between the United States and Iran and renewed U.S. sanctions, which have complicated India’s role in the project. The budget also reflects broader reorientation of foreign aid priorities. (PC: X)
