USAID allocates USD 750 million for 7 projects in India in FY24, no funding for 'voter turnout': FinMin report

Amid growing political controversy over the alleged role of the United States Agency for International Development (USAID) in influencing Indian elections, the latest annual report from the Ministry of Finance has revealed that USAID funded seven significant projects worth USD 750 million in the fiscal year 2023-24.

According to the Finance Ministry's annual report, "Currently, seven projects worth a total budget of USD 750 million (approximately INR 6,000 crore) are being implemented by USAID in collaboration with the Government of India.

" These projects, which span a range of sectors, were part of a continued partnership between India and the U.S., dating back to 1951. In the 2023-24 fiscal year alone, USAID allocated a total of USD 97 million (about INR 825 crore) for these initiatives.