Published : 22 Mar 2026, 06:40 PM
Updated : 21 Aug 2026, 03:30 PM
India has extended $6.5 billion in assistance to Bangladesh since 2014 through two major Lines of Credit (LoC), according to Kirti Vardhan Singh, the country's state minister for external affairs.
He made the remarks in a written reply to a question in the Lok Sabha, the lower house of India’s parliament, on Friday.
“India’s approach to relations with Bangladesh is neighbourhood-driven and people-centric," he said.
He added that New Delhi had supported a range of development initiatives in Bangladesh through LoCs, grants for projects, high-impact community development projects, humanitarian assistance, disaster relief and capacity-building programmes.
“Since 2014, India has extended two major Lines of Credit to Bangladesh totalling $6.5 billion in assistance,” he said.
According to Singh, the financial assistance was provided on an annual basis from 2014.
The state minister reiterated the close ties between India and Bangladesh as neighbouring countries and said Delhi supports a “democratic, stable, peaceful, progressive and inclusive Bangladesh”.
Singh added that the Indian government remains committed to “continued high-level exchanges and meetings under bilateral institutional mechanisms”.
He also noted that when a port facility had earlier been extended, no priority had been given to Bangladeshi exports over Indian exports at local ports.
