India not planning to slash aid to Maldives

December 18, 2012

India has said that it is following the situation in Maldives closely but had no plans as yet to curtail any aid. The Indian government fears Maldives could be hit to the tune of hundreds of millions of dollars in compensation for cancelling the GMR-led consortium’s contract.
India has said that it has no objections if Maldives takes decision as per laws. It urged the country to control the factors wanting to harm bilateral relationship b/w the two countries.