Budget 2026-27: No Allocation For Chabahar Port As India Weighs US Sanctions

India has chosen not to allocate funds for the Chabahar port project in the Union Budget 2026-27, marking a significant shift in its overseas infrastructure strategy as renewed US sanctions on Iran come into focus.

The decision comes as Finance Minister Nirmala Sitharaman presented her ninth consecutive Union Budget in Parliament on Sunday. The absence of funding reflects India’s cautious approach amid uncertainty over Washington’s sanctions regime against Tehran.

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