Categories: International

India Extended USD 40 Million for Bolstering Sports Infrastructure in Maldives

External Affairs Minister S. Jaishankar has extended a concessional USD 40 million Line of Credit for developing sporting infrastructure in the Maldives. It is a part of New Delhi’s efforts to bring Prime Minister Narendra Modi‘s flagship projects such as fit India and Khelo India into the stretch of the Neighborhood First Policy. External Affairs Minister S. Jaishankar is on a visit to the Maldives to further expand bilateral engagement with the key maritime neighbor of India.

Buy Prime Test Series for all Banking, SSC, Insurance & other exams

India Extended USD 40 Million for Bolstering Sports Infrastructure in Maldives- Key Points

  • External Affairs Minister S. Jaishankar has inaugurated the community center with his Maldivian counterpart Abdulla Shahid.
  • Sports infrastructure across islands will be developed through the dedicated concessional USD 40 million Line of Credit.
  • Fit India and Khelo India were introduced by the Modi government to revive sporting and fitness culture at the grass root level in India.
  • The community center in Shaviyani Foakaidhoo is part of 45 high-impact projects that New Delhi is partnering with the Maldives government of which 23 have been completed.
  • Foakaidhoo is one of the inhabited islands of the Shaviyani Atoll administrative division and is geographically part of Miladhummadulhu Atoll in the Maldives.
  • New Delhi’s cooperation in the areas of sports and youth development has expanded rapidly through the gifting of equipment and training of Maldivian athletes in India.
  • India has undertaken grant projects for setting up youth centers, strengthening sports infrastructure, and establishing open-air gyms on 64 islands, including Foakaidhoo.

Also Read:

UAE and India discussing settling non-oil trade in Rupees

Vietnam President Nguyen Xuan Phuc announces resignation

Find More International News Here

 

 

Recent Posts

List of Indian Academy Award Winners and Nominees

The Academy Awards, popularly known as the Oscars, are the most prestigious awards in the…

10 mins ago

HDFC ERGO General Insurance Appoints Parthanil Ghosh as New Managing Director and CEO

In a major leadership update in India’s insurance sector, HDFC ERGO General Insurance has announced…

28 mins ago

What Are the Oscars? History, Categories and Key Facts About Academy Awards

The Oscars, officially known as the Academy Awards, are among the most prestigious awards in…

32 mins ago

Oscars 2026 Nominations: Full List of Nominees for Best Picture, Actor & Actress

The nominations for the 98th Academy Awards (Oscars 2026) have been announced, recognizing outstanding achievements…

41 mins ago

Oscars 2026 Predictions: Who Will Win Best Picture, Actor & Actress?

The 98th Academy Awards (Oscars 2026) will take place on 15 March 2026 at the…

55 mins ago

International Day to Combat Islamophobia 2026: Date, History, Significance & UN Resolution

The International Day to Combat Islamophobia is observed every year on 15 March to raise…

1 hour ago