New Delhi, Feb. 2 -- The 2026-27 Budget reflects India's emphasis on its 'Neighbourhood First Policy' and a clever manoeuvre to deflect any negative impact on national interests, especially with no direct allocation for the strategically important Chabahar Port.
At first instance, it might seem that no allocation for the crucial Chabahar Port could be disadvantageous for India. But a closer scrutiny reveals that it is a clever move to offset any punitive action by the United States rather than an exit.
US President Donald Trump has warned of tariffs against any country which trades with Iran. Also, war clouds are hovering over Iran. The war may or may not happen, but the entire region is on tenterhooks.
The strategy behind the pause is t...