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Maldives-India News

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New Delhi has increased its financial assistance to the Maldives by Rs 130 crore, raising the total aid to Rs 600 crore from Rs 470 crore in the 2024-25 budget. 
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Maldives President Muizzu seeks Indian financial assistance to bolster the country's foreign currency reserves as the island country stares at debt default.
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Maldives is not only a tourist destination, but also a strategic location in the Indian Ocean. It is very close to India's Lakshadweep islands, and lies on an important shipping route.






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