⚡ India cuts funds to Maldives amid diplomatic standoffs.

India's financial assistance to the
🇲🇻 Maldives set to drop by 22%,
🇧🇹 Bhutan gets the lion's share.

India's development assistance to the Maldives is set to decrease by Rs 170 crore to around Rs 600 crore in the next financial year amid the diplomatic standoff between the two countries. This represents a 22% drop in funding for developmental projects in the archipelago. India slips to 5th place on Maldives' tourism charts amid diplomatic tensions.