Even as relations deteriorated due to the demands of the newly elected Maldivian President, Mohamed Muizzu, for Indian forces to withdraw from his nation, India increased its development support to the Maldives with projects picking up steam last year.
India and China have courted the nation of the Indian Ocean, which has historically been close to its neighbor India but has recently shifted its allegiance to China under Muizzu, as global powers compete for influence in the Indo-Pacific area.
According to an Indian official and official records, New Delhi has allocated about 4 billion rupees ($93 million)—or nearly twice that amount—for projects in the Maldives this fiscal year, which concludes in March.
That’s the result of strained relations ever since Muizzu rode into office in October on a platform of ending the nation’s “India First” policy and making sure that nearly eighty Indian troops were gone.
An Indian official with knowledge of the situation stated that “development co-operation has not changed or stopped” in spite of the obstacle and that New Delhi had two-pronged engagement plan for Male.
Instead, “the pace of the projects is faster,” the official—who remained anonymous—said, crediting India’s higher budgetary allotment for the quicker pace.
A request for comment was not immediately answered by Muizzu’s office.
Two airports in the remote islands of the archipelago, each valued at around $130 million, are part of the endeavors, along with a $500 million project for roads and bridges surrounding Male, which is financed by an Indian credit line.
Muizzu hasn’t been to India yet, but he did make a state visit to Beijing last month.
This month, the two nations decided to swap out the troops by May. India claims that it uses its own aircraft to assist with medical evacuations and humanitarian relief efforts.
The Indian parliament was given with budget records on February 1st, and they reveal that New Delhi spent 1.83 billion rupees in the fiscal 2022–2023; this amount increased to 7.71 billion this year, making it the second largest expenditure after neighboring Bhutan, where India spent 24 billion.
India has allocated an initial sum of 6 billion rupees for the projects in the Maldives for the upcoming year.
However, as a result of Male’s tighter ties to Beijing, Beijing was able to permit a Chinese research ship to dock at its port recently, despite New Delhi’s worries that China’s military would use the information these ships collect to deploy in India.
The official stated of China, “The presence of extra-regional powers that impact the security of the Indian Ocean region is a red line for us.”
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