Union Budget 2026: Blow to Bangladesh as India halves aid; no funding for Iran’s Chabahar Port
The ties between New Delhi and Dhaka were hit following ouster of Sheikh Hasina. 78-year-old Hasina later fled to India and the Bangladesh government has been demanding that the former prime minister must be handed over to it. New Delhi: Amid the strained ties with Bangladesh, India on Sunday (February 1) cut aid to the neighbouring nation by half, as Union Finance Minister Nirmala Sitharaman announced the Union Budget for the financial year (FY) 2026-27. Even though the government has raised the allocation under 'Aid to Countries' to Rs 5,686 crore, it has allocated just Rs 60 crore to Bangladesh.ย …