India's 2015-16 foreign aid budget: Where the money is going

President Maithripala Sirisena​ of Sri Lanka and Prime Minister Narendra Modi​ of India during bilateral talks in February in New Delhi. Emerging donor India plans to provide Sri Lanka under $80 million in foreign aid under its 2015-2016 budget. Photo by: Sudath Silva / CC BY-NC-SA

In stark contrast with most of its peers in the emerging donor club, India has directed the vast majority of its rapidly growing foreign aid budget close to home over the past decade. By most accounts, Indian foreign aid’s sharp focus on South Asia has been designed to bolster New Delhi’s standing as a regional power.

Indian Prime Minister Narendra Modi’s first full-year budget, which was unveiled late last month, augurs little change in the direction of Indian foreign aid.

This article is for Devex Members

For full access to the content of the article sign in or join Devex.

About the author

  • Piccio

    Lorenzo Piccio

    Lorenzo is a contributing analyst for Devex. Previously Devex's senior analyst for development finance in Manila, he is currently an MA candidate in international economics and international development at the Johns Hopkins School of Advanced International Studies in Washington. Lorenzo holds a bachelor's degree in government and social studies from Wesleyan University.