Clinton Budgets $144m Assistance For India
India will be allocated $144.5 million as aid for food and development in the US fiscal 1999 budget beginning October 1, US officials have estimated.
The amount will be split into development assistance of $56.5 million and food assistance of $88 million, the officials said.
However, they said the figure was only an expected one as the amount of aid for South Asia was still being finalised.
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In addition, India has been allocated $450,000 for international military education and training (Imet) for fiscal 1999 against $475,000 in fiscal 1998 and $404,000 in fiscal 1997, Ambassador Craig Johnson, in charge of budgetary matters at the state department, said.
Bangladesh has been allocated $300,000 for Imet, while Sri Lanka and Nepal have been provided $200,000 each and the Maldives $100,000 for the next fiscal, he said. US President Bill Clinton, in his budget speech on Monday, also requested for $2.750 million to promote South Asia regional democracy in next years fiscal against $3 million in the current fnancial year.