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MEA gets Rs.62.9 bn budget allocation

New Delhi, July 6

The ministry of external affairs has seen a slight dip in its allocation under the union budget at Rs.6,293 crore (Rs.62.9 billion) - a decrease of 8 percent from the previous revised budget estimates.

For 2008-09, the ministry had been allocated Rs.5,062 crore, which was revised to Rs.6,868 crore. This was however scaled down a little to Rs.6,293 crore for 2009-10.

The biggest change in fund distribution within the ministry has been under “international cooperation”, where it has dipped from Rs.1,015.5 crore in the 2008-09 revised estimate, down to Rs.287 crore - a drop of nearly 80 percent.

Last updated on Jul 6th, 2009 at 21:08 pm IST--IANS


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