Brief by Shorts91 Newsdesk / 03:56am on 02 Feb 2026,Monday India Global
India has slashed Bangladesh's budget allocation by 50% to Rs 60 crore in Union Budget 2026-27, down from Rs 120 crore, amid escalating diplomatic tensions. The reduction follows violence against minorities, particularly Hindus, and Bangladesh's foreign policy shift toward Pakistan after Sheikh Hasina's fall in 2024. The MEA criticized Bangladesh's interim government for attributing attacks to personal rivalries, stating it emboldens extremists. Bangladesh has strengthened Pakistan ties through visa-free diplomatic travel, revived trade commissions, and restored direct flights after 14 years. India allocated no funds for Iran's Chabahar port project due to US sanctions. Bhutan remains India's largest aid recipient at Rs 2,289 crore. (PC: X)
