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Reading: US Mission in India begins ‘overview’ of support as Donald Trump govt orders ‘catastrophic’ funding freeze
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StockWaves > Business > US Mission in India begins ‘overview’ of support as Donald Trump govt orders ‘catastrophic’ funding freeze
Business

US Mission in India begins ‘overview’ of support as Donald Trump govt orders ‘catastrophic’ funding freeze

StockWaves By StockWaves Last updated: January 26, 2025 2 Min Read
US Mission in India begins ‘overview’ of support as Donald Trump govt orders ‘catastrophic’ funding freeze
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How will the funding freeze have an effect on India?What comes underneath the order?

The US US Mission in India has begun a ‘overview’ of its present support insurance policies following modifications in White Home coverage. The newly appointed Donald Trump administration froze nearly all overseas support this week as a part of its America First initiative —making exceptions just for emergency meals, and army funding for Israel and Egypt.

“No new funds shall be obligated for brand spanking new awards or extensions of present awards till every proposed new award or extension has been reviewed and permitted,” stated an inner memo by Secretary of State Marco Rubio that was seen by AFP.

How will the funding freeze have an effect on India?

In response to an Indian Specific report quoting officers, the US Embassy is now endeavor a overview to make sure that present grants “adjust to govt orders”. The transfer is prone to have an effect on a slew of packages run by the American embassy and the USA Company for Worldwide Growth — pertaining to surroundings, well being and extra.

What comes underneath the order?

The sweeping order seems to have an effect on all the pieces from improvement help to army support — together with to Ukraine, which obtained billions of {dollars} in weapons underneath Trump’s predecessor Joe Biden because it tries to repel a Russian invasion.

The directive additionally means a pause of no less than a number of months of US funding for PEPFAR, the anti-HIV/AIDS initiative that buys anti-retroviral medication to deal with the illness in creating nations, largely in Africa. Lawmakers from the rival Democratic Social gathering stated that greater than 20 million folks relied on treatment by means of PEPFAR and 63 million folks on US-funded anti-malaria efforts together with nets.

(With inputs from businesses)

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