India has signed a 10-year agreement with Iran to operate and manage the Chabahar Port, marking a significant milestone in India's first venture into overseas port management. But what does this mean for India and Indian businesses? Watch the video to find out
#iran #chabaharport #indiairan 

India has signed a 10-year agreement with Iran to operate and manage the Chabahar Port, marking a significant milestone in India's first venture into overseas port management. But what does this mean

Explained: Why is Iran's Chabahar Port important for India?

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With a focus on tourism, rural development and green energy, Chief Minister Sukhvinder Singh Sukhu on Monday presented the annual Budget of Rs 58,514 crore for 2025-26.
While presenting his third annual Budget for FY26, Sukhu said the year 2025-26 is full of financial challenges as revenue deficit grant has been reduced and GST compensation has been stopped which will impact the state's economy.
The Revenue Deficit Grant (RDG) has been reduced from Rs 10,949 crore in 2021-22 to Rs 3,257 in 2025-26, while Himachal Pradesh incurred a loss of Rs 9,478 crore till 2023-24, despite Good and service Tax (GST) compensation given by the centre to the state, he said.
The government will focus on promoting religious and eco-tourism besides exploring lesser-known tourist destinations, he said, adding that tea estates would be developed as eco-tourism destinations.
Operators were selected for seven eco-tourism sites in 2024 and 78 new eco-tourism sites would be allocated in the next phase and .

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Explained: Why is Iran's Chabahar Port important for India?

India has signed a 10-year agreement with Iran to operate and manage the Chabahar Port, marking a significant milestone in India's first venture into overseas port management. But what does this mean for India and Indian businesses? Watch the video to find out #iran #chabaharport #indiairan

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