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India announces $500 mn package for the Maldives
Why is it in news?
- India has announced various new connectivity measures for the Maldives, including air, sea, intra-island and telecommunications in an effort to help Maldives deal with the economic impact of the COVID-19 pandemic.
Details:
- Among the initiatives announced are an air connectivity “bubble” for travel, a direct ferry service, a submarine cable for telecom connectivity; and assistance for the Greater Male Connectivity project (GMCP) to connect Male to three neighbouring islands, the biggest such project thus far.
- The GMCP would be the “largest civilian infrastructure project in Maldives.