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India becomes the highest recipient of US economic aid

India becomes the highest recipient of US economic aid

The data, which was inflation adjusted, shows India received $65.1 billion in economic assistance, followed closely by Israel, which got $65 billion.

IANS
  • New Delhi,
  • Updated Jul 14, 2015 5:13 PM IST
India becomes the highest recipient of US economic aidPhoto: Reuters

The US Agency for International Development (USAID) on Tuesday siad that India received a total fund of $65.1 billion as economic assistance to India between 1946 and 2012, making it the highest among the economic aids provided to more than 200 countries and regions by the US during the same period.

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The data, which was inflation adjusted, shows India's aid of $65.1 billion in economic assistance was closely followed by Israel, which got $65 billion.

Pakistan, which received a total of $44.4 billion from the US, was among the top five countries of the total 200 nations and regions getting the economic assistance.

Indian economic aid was spread over various sectors and programmes, including child survival and health, development assistance, HIV/AIDS initiatives, migration and refugee assistance, food aid and narcotics control. Some $26 billion of the total aid was provided for various USAID programmes.

In comparison, of the total economic assistance provided to Pakistan, $13.8 billion was given for USAID programmes, while $13.7 billion was attributed to the Economic Support Fund and Security Support Assistance.

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USAID is the lead US government agency that works to end extreme global poverty and enable resilient, democratic societies to realise their potential.

Published on: Jul 14, 2015 5:13 PM IST
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