India, Feb. 2 -- The Union Budget 2026-27 underscores India's twin priorities of reinforcing regional partnerships and accelerating long-term domestic growth, with a strong emphasis on tourism, mobility, and human capital development. While neighbouring countries continue to receive priority under India's overseas development assistance, the travel and hospitality industry has welcomed the budget's alignment with the Vision 2047 roadmap.

Bhutan has emerged as the largest recipient of Indian development assistance, with an allocation of Rs 2,288 crore for the coming fiscal year-an increase of around Rs 138 crore over last year. Nepal has been allocated Rs 800 crore, while the Maldives and Mauritius will receive Rs 550 crore each. Overall,...