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USAID funded 7 projects in India in FY24 not related to voter turnout: Govt

Business Standard LogoBusiness Standard7h ago

USAID funded 7 projects in India in FY24 not related to voter turnout: Govt - Business Standard

Quick Summary:

Amid a raging political controversy over USAID's alleged role in influencing Indian elections, the latest annual report of the finance ministry has disclosed that the agency funded seven projects worth USD 750 million in 2023-24.

"Currently, seven projects worth a total budget of USD 750 million (approx.) are being implemented by USAID in partnership with Government of India," as per the Finance Ministry annual report for 2023-24.

For the financial year 2023-24, an obligation of a total of USD 97 million (about Rs 825 crore) has been made by the US Agency for International Development (USAID) under the seven projects, it said.


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Category: BusinessFinance

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News Sentiment: Neutral

Fact Checked: Legitimate

Article Type: News Report

Published On: 2025-02-23 @ 16:33:37 (7 hours ago)

News Timezone: GMT +5:00

News Source URL: business-standard.com

Language: English

Article Length: 525 words

Reading Time: 3 minutes read

Sentences: 17 lines

Sentence Length: 31 words per sentence (average)

Platforms: Desktop Web, Mobile Web, iOS App, Android App

Copyright Owner: © Business Standard

News ID: 26346849

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Official Website: business-standard.com

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