USAID Funded 7 Projects In India Worth $750 Million In FY24: Finance Ministry Report

New Delhi:

The latest annual report of the Finance Ministry said USAID funded seven projects worth $750 million in 2023-24. “Currently, seven projects worth a total budget of $750 million (approximately) are being implemented by the USAID in partnership with the government of India,” the Finance Ministry annual report for 2023-24 said.

For the financial year 2023-24, an obligation of a total of $97 million (about Rs 825 crore) has been made by the US Agency for International Development (USAID) under the seven projects, it said.

The Department of Economic Affairs under the Finance Ministry which is the nodal department for bilateral funding arrangements has also shared the details of projects funded in 2023-24 in the report.

During the year, no funding was made for enhancing voter turnout, but to projects related to agriculture and food security programmes; water, sanitation and hygiene (WASH); renewable energy; disaster management and health.