India announces $500 mn package for Maldives

sfg-2026
ForumIAS LATEST
      1. SFG FRC 2027 | Program starts from 19th Dec. 2026 | Admissions open for Entrance Test Click Here to know more →
      2. Prelims Test Series (PTS) for Prelims 2027 starts 11th Oct. 2026 Click Here to know more →
      3. [Pre-order] Ethics Redbook 3rd Edition: Delivery starts from 10th October onwards Click Here to Read More →
      4. 21 Sept. | GS Advance Program (GSAP) for UPSC 2027 Mains starts from 11th Oct. Click Here to Read More →

News: India has announced a slew of connectivity measures for the Maldives in an effort to help Maldives deal with the economic impact of the COVID-19 pandemic.

Facts:

Key Measures:

  • Greater Male Connectivity Project: It is a 6.7 kilometre bridge project connecting Male with Gulhifalhu Port and Thilafushi industrial zone that will help revitalise and transform Maldivian economy.
    • India will provide a $400 million Line of Credit and $100 million grant for the project.
  • Cargo Ferry Service: A regular cargo ferry service between India and Maldives will be started to boost trade and commerce.
  • Air Travel Bubble: India is starting an air connectivity “bubble” for travel with Maldives to sustain and promote the people-to-people ties between the two countries.
  • Submarine Cable: It is a communication cable laid on the sea bed between land-based stations to carry telecommunication signals across stretches of ocean and sea.India will lay down a submarine cable for telecom connectivity in Maldives.
Print Friendly and PDF
Blog
Academy
Community