FinMin: India was working on 7 projects with USAID | India News – The Times of India
NEW DELHI: India was implementing seven projects worth $750 million in partnership with the US Agency for International Development (USAID), which has been at the centre of controversy since US President Donald Trump alleged funding for elections in the country.
The money – $97 million (around Rs 825 crore) in 2023-24 – was used for seven projects covering agriculture, forest and climate adaptation, water and sanitation, renewable energy, health and disaster management, the finance ministry said in its annual report for the last financial year.
In its previous report also the ministry had listed the same set of projects but did not mention the extent of funding for 2022-23. In fact the projects have remained unchanged for the last few years, with around $70 million each provided for FY22 and FY21, the annual reports said.
The finance ministry said the US has been providing bilateral development assistance since 1951 and it is largely thorough USAID. Over the last 73 years, USAID has provided economic assistance of $17 billion for 555 projects spread over multiple sectors, the ministry said.
