Explorer

USAID Funded 7 Development Projects In India, Claims FinMin Report. Here's How Much The Budget Was

The Ministry of Finance report stated that no funds were allocated for initiatives related to voter participation in India during the year.

The United States Agency for International Development (USAID) has funded seven development projects in India, amounting to a total budget of approximately $750 million for the financial year 2023-24, according to the latest annual report from the Ministry of Finance.

As per the report, USAID has committed an obligation of $97 million (around Rs 825 crore) towards these initiatives in the last fiscal year. The Department of Economic Affairs, which serves as the nodal agency for bilateral funding agreements, has provided details of these projects in the ministry’s report, reported PTI.

Which Sectors Has The Funding Been Allocated To?

The funding has been allocated to a range of sectors, including agriculture and food security, water sanitation and hygiene (WASH), renewable energy, disaster management, and healthcare. Additionally, financial commitments have been made towards a sustainable forestry and climate adaptation program, as well as a project aimed at commercialising energy efficiency technologies and fostering innovation.

Notably, the report stated that no funds were allocated for initiatives related to voter participation in India during the year. The announcement comes in the backdrop of a political controversy over claims regarding foreign funding for election-related activities.

ALSO READ: 'Govt Looking Into It, Facts Will Come Out': Jaishankar Calls USAID Funding Information From US 'Concerning'

USAID Funding & Musk's DOGE

USAID has been supporting India’s development journey since 1951, with a cumulative economic assistance exceeding $17 billion across more than 555 projects. The agency has played a significant role in various developmental sectors, reinforcing Indo-US cooperation.

The funding issue gained political traction after the Elon Musk-led Department of Government Efficiency (DOGE) reportedly rescinded a $21 million grant intended for “voter turnout” efforts in India. Former US President Donald Trump had alleged that during Joe Biden’s administration, USAID allocated $21 million for this purpose in India, sparking debate in both countries.

Responding to these claims, External Affairs Minister S. Jaishankar termed the information from the Trump administration as "concerning" and affirmed that the government is scrutinising the matter.

Top Headlines

'Name A Single Affected Car': Nitin Gadkari On Ethanol Fuel Row
'Name A Single Affected Car': Nitin Gadkari On Ethanol Fuel Row
How India Became Less Dependent On Monsoon Rains Over The Past Decade
Why A Poor Monsoon May No Longer Spell Trouble For India’s Economy
Top ELSS Mutual Funds In India: Best Tax-Saving Schemes By Latest 1-Year Returns
Planning To Save Tax? These ELSS Funds Outperformed Their Peers In The Last Year
Dalal Street Closes Lower As Sensex Declines Over 200 Points, Nifty Tests 24,400
Dalal Street Closes Lower As Sensex Declines Over 200 Points, Nifty Tests 24,400

Videos

Breaking News: “SIT Will Do Milk and Water Test of Truth” Says Yogi Adityanath
SIT Preliminary Report: SIT Report Reveals Shocking Details in Ram Temple Donation Theft Case
Ayodhya Ram Temple Donation Theft Row: Trust Members Face Questions Over Accountability
Attack on previous governments: CM Yogi Claims Transparent Recruitment Transformed UP’s Job System
Delhi’s Green Budget: Delhi Achieves Highest-Ever Green Cover, Says Chief Minister

Photo Gallery

25°C
New Delhi
Rain: 100mm
Humidity: 97%
Wind: WNW 47km/h
See Today's Weather
powered by
Accu Weather
Embed widget