Advertisement

HindustanTimes Tue,23 Sep 2014

India plans $100-mn aid to Afghanistan

Prasad Nichenametla, Hindustan Times   New Delhi, November 08, 2012
First Published: 00:39 IST(8/11/2012) | Last Updated: 01:52 IST(8/11/2012)

Ahead of Afghanistan president Hamid Karzai’s visit to India, the government is extending a goodwill gesture towards the war-torn nation.

Advertisement

The Cabinet on Thursday is expected to approve a $100-mn ( Rs. 500 crore) aid to Afghanistan. The funds will help Afghanistan build 100 small development projects (SDP).

The projects will help local communities in that country, providing them livelihood and creating infrastructure and opportunities in fields such as health, education, agriculture and rural development.

Karzai, who arrives in Mumbai on Friday, will meet PM Manmohan Singh on November 14 in New Delhi. India is a major contributor to Afghanistan’s developmental projects.

The third aid tranche comes after an initial aid of $20 mn to the nation — a commitment made by Singh during his visit to Afghanistan in 2005. The fresh pledge of $100 mn was made during his May 2011 visit.


Advertisement
more from New Delhi

Registering property gets more expensive as circle rates go up in Delhi

While circle rates have been increased across the board by 20% for all categories, Delhi government officials maintained that they are still quite less than the prevailing market rates at which transactions are taking place.
Advertisement
Most Popular
Advertisement
Advertisement
Copyright © 2014 HT Media Limited. All Rights Reserved