Fund crunch throws a spanner in India's growing global outreach - News Summed Up

Fund crunch throws a spanner in India's growing global outreach


It has hit the MEA's plans to create posts and open new missions to match India's growing global stature and presence. According to the data available with the MEA, India does not have a resident mission in as many as 50 countries. The MEA had projected a demand of Rs 20,873 crore to realise and reap fruits from Prime Minister Narendra Modi's robust global diplomacy and outreach. But Finance Minister Arun Jaitely allocated Rs 15,011 crore, meeting 72 per cent of the demand of the MEA. The panel asked the MEA officials to follow a two-pronged strategy in budget management to solicit adequate budgetary allocation at every stage.


Source: dna March 13, 2018 00:22 UTC



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