India on Wednesday will jointly inaugurate key development projects with the Maldives and also gift a fast interceptor vessel to the island nation in to further strengthen deeper maritime security between the two countries.
The developments will be conducted in the presence of Prime Minister Narendra Modi and Maldivian President Ibrahim Solih later today.
"At 4 PM this evening, Shri @narendramodi and President @ibusolih will jointly inaugurate key development projects covering a wide range of sectors," the Prime Minister's Office said on Twitter.
India will also launch three community development projects besides initiating the process to roll out RuPay card in the Maldives and an LED lighting project in its capital Male.
RuPay card facilitates electronic payment at all Indian banks and financial institutions.
Three fish processing plants will also be inaugurated.
The ties between the two countries are on an upswing after Solih became President in November 2018.
Disclaimer: No Business Standard Journalist was involved in creation of this content
You’ve reached your limit of {{free_limit}} free articles this month.
Subscribe now for unlimited access.
Already subscribed? Log in
Subscribe to read the full story →
Smart Quarterly
₹900
3 Months
₹300/Month
Smart Essential
₹2,700
1 Year
₹225/Month
Super Saver
₹3,900
2 Years
₹162/Month
Renews automatically, cancel anytime
Here’s what’s included in our digital subscription plans
Exclusive premium stories online
Over 30 premium stories daily, handpicked by our editors


Complimentary Access to The New York Times
News, Games, Cooking, Audio, Wirecutter & The Athletic
Business Standard Epaper
Digital replica of our daily newspaper — with options to read, save, and share


Curated Newsletters
Insights on markets, finance, politics, tech, and more delivered to your inbox
Market Analysis & Investment Insights
In-depth market analysis & insights with access to The Smart Investor


Archives
Repository of articles and publications dating back to 1997
Ad-free Reading
Uninterrupted reading experience with no advertisements


Seamless Access Across All Devices
Access Business Standard across devices — mobile, tablet, or PC, via web or app
