GK and monthly revision

Budget 2026: No allocation for Chabahar port project in Union Budget

The Indian government has not allocated any funds for the Chabahar port project in its latest Union Budget. This move comes as the United States has imposed sanctions on Iran, and the US waiver for the Chabahar project is set to expire soon. India has been a major partner in developing the strategically important Chabahar port, and this lack of budgetary allocation could impact India's engagement with the project going forward. The government is currently in discussions with the US regarding the future of the Chabahar port project.