FinMin: India was working on 7 projects with USAID | India News

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NEW DELHI: India was implementing seven projects value $750 million in partnership with the US Agency for International Development (USAID), which has been on the centre of controversy since US President Donald Trump alleged funding for elections within the nation.
The cash – $97 million (round Rs 825 crore) in 2023-24 – was used for seven projects masking agriculture, forest and local weather adaptation, water and sanitation, renewable power, well being and catastrophe administration, the finance ministry stated in its annual report for the final monetary 12 months.
In its earlier report additionally the ministry had listed the identical set of projects however didn’t point out the extent of funding for 2022-23. In truth the projects have remained unchanged for the previous few years, with round $70 million every supplied for FY22 and FY21, the annual studies stated.
The finance ministry stated the US has been offering bilateral improvement help since 1951 and it’s largely thorough USAID. Over the final 73 years, USAID has supplied financial help of $17 billion for 555 projects unfold over a number of sectors, the ministry stated.