India has substantially decreased its aid to Nepal for fiscal year 2020-21 in the budget presented by Indian Finance Minister Nirmala Sitharaman, on Saturday.
According to the budget speech, the southern neighbour allocated INR8 billion (Rs12.8 billion) for Nepal. In the fiscal year 2019-20, India had allocated INR10.5 billion (Rs16.8 billion), which was later revised to INR12 billion (Rs19.2 billion).
Based on the revised allocation of fiscal year 2019-20, allocation in the new fiscal year has been cut down by 33 percent.
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<em>Answer:</em>
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B.
Explanation:
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