India’s Male Package

Greater Male Connectivity Project (GMCP)

A financial package consisting of a grant of 100 million USD and a new line of credit of 400 million USD.
This will be the largest civilian infrastructure project in the Maldives, connecting Malé (the capital) with three neighbouring islands — Villingili, Gulhifalhu (where a port is being built under an Indian line of credit) and Thilafushi (a new industrial zone) – by the construction of a bridge-and-causeway link.
This will boost economic activity, generate employment and promote holistic urban development in the Malé region.

Direct Cargo Ferry Service

It will be run between India and Maldives.
The service is expected to enhance sea connectivity and provide predictability in supplies for importers in Maldives and exporters in India.

Air Travel Bubble Between India and Maldives

This will facilitate the movement of people for employment, tourism and medical emergencies.
The Maldives is the first neighbouring country of India with which an air bubble is being operationalised.

Quotas for Supply of Essential Commodities

This was renewed for 2020-21. The commodities include food items as well as river sand and stone aggregates to assure food security, and supply of essential construction items.

Financial Aid

In addition, financial aid of 250 million USD will be provided to Maldives by India.

Source: TH

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