Monday, February 24, 2025
Google search engine

USAID Funds Flowed Into Economic Projects In India In 2023-24, Not Voter Turnout: Finance Ministry Report|Economy News


New Delhi: While United States President Donald Trump has actually released a pungent assault on USAID’s financing in India, the yearly record of the Nirmala Sitharaman- headed Finance Ministry reveals that the aid of $750 million supplied by the United States firm streamed right into federal government jobs connected to food, farming, country growth, power and the atmosphere throughout 2023-24.

None of these jobs belong to political financing in India.

“Currently, seven projects worth a total budget of $750 million (approx.) are being implemented by USAID in partnership with Government of India,” according to the Finance Ministry’s yearly record for 2023-24.

For the fiscal year 2023-24, a responsibility of an overall of $97 million (regarding Rs 825 crore) has actually been made by the United States Agency for International Development (USAID) under the 7 jobs, the Finance Ministry record specified. .
.

The jobs belong to farming & & food safety and security programs, water, cleanliness, and health (LAUNDRY), renewable resource, catastrophe administration, and health and wellness. Besides, funds were devoted to the Sustainable Forests and Climate Adaptation Programme and the Energy Efficiency Technology Commercialisation and Innovation Project, the yearly record states.

President Trump has actually activated a conflict by implicating the Biden management of making use of USAID to designate $21 million for citizen turnover in India to affect the political elections. .
.

Responding to the declaration, External Affairs Minister S. Jasishankar stated:”Some information has been put out there by the Trump administration people, and obviously, that is concerning. I think, as a government, we’re looking into it. My sense is that the facts will come out. USAID was allowed here in good faith, to do good faith activities; now, suggestions are being laid out from America that there are activities which are in bad faith. It’s worrisome, and if there’s something to it, then the country should know who the people are involved in it.” . .

The Congress has actually required a white paper on the funds gotten in India from developing companies and help systems.



Source link

- Advertisment -
Google search engine

Must Read