India Extended USD 40 Million for Bolstering Sports Infrastructure in Maldives: S. Jaishankar, the minister of external affairs, has provided a 40 million dollar line of credit with favourable terms for the development of sports facilities in the Maldives. It is a part of New Delhi’s efforts to include the Neighborhood First Policy in the Prime Minister Narendra Modi’s key initiatives, such as fit India and Khelo India. External Affairs Minister S. Jaishankar is on a visit to the Maldives to further expand bilateral engagement with the key maritime neighbor of India.
January 2023 Current Affairs Quiz
India Extended USD 40 Million for Bolstering Sports Infrastructure in Maldives- Key Points
- Inaugurating the community centre was External Affairs Minister S. Jaishankar and 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 Shaviyani Foakaidhoo community centre is one of 45 high-impact projects that New Delhi is working on with the Maldives government, 23 of which have already been finished.
- 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.
- On 64 islands, including Foakaidhoo, India has started grant projects to build youth centres, bolster sports facilities, and build outdoor gyms.
