Denemek ALTIN - Özgür

THE FOREIGN AID AND FOREIGN HAND PROBLEM

The New Indian Express Bengaluru

|

March 05, 2025

President Trump's disruption of USAID seems to be ideological, not out of economic compulsion. Conversely, there is a fear its dismantling may result in the US losing its soft power

- SUGATA SRINIVASARAJU

The United States Agency for International Development, or USAID, recently sparked a turbulent debate in India. Political parties tried to use the statements emanating from Washington DC against one another, especially the contradictory or quixotic ones of President Donald Trump.

The pitch was particularly high because a part of the aid had allegedly been given to ensure voter turnout, implying that the US had tried to interfere in our elections. However, since the answers to the question about who benefited from the aid, whether it was really meant to influence polls or given for such a purpose at all, were terribly hazy, the genie was put back into the bottle. Perhaps it will be pulled out by one political party or the other at a later point when it allows for a flat narrative with a clear target.

Whatever the chatter in India, at the core of the debate is the Trump regime's attempted dismantling of USAID, which it finds rather unproductive. Amidst intense review, nearly all foreign aid has been put on a three-month freeze. Independently gathered data shows India is not the biggest beneficiary of USAID philanthropy. Also, the money channeled through USAID to countries across the globe is not so humongous as to bankrupt the US.

Therefore, Trump's disruption is more ideological and not out of economic compulsions. It is another thing that the attack on USAID by the Trump regime may have 'dehumanized' the US in the eyes of the world and a large section of its citizenry because USAID was always meant to create a humanitarian halo for the US. There is also this fear, not unfounded, that the US may lose its soft power and strategic advantage (to countries like China) if USAID is indeed dismantled or dwarfed.

The New Indian Express Bengaluru'den DAHA FAZLA HİKAYE

The New Indian Express Bengaluru

T20 WC: Pak govt disallows team to play India

THE Pakistan government has said that its cricket team will not take the field for the upcoming T20 World Cup game against India in Colombo on February 15.

time to read

1 min

February 02, 2026

The New Indian Express Bengaluru

BUDGET HOLDS LITTLE PROMISE FOR ELECTION-BOUND STATES

SHORT SHRIFT

time to read

1 min

February 02, 2026

The New Indian Express Bengaluru

Semiconductor sector gets FM's Budget push

FINANCE Minister Nirmala Sitharaman on Sunday announced an outlay of ₹40,000 crore for electronics manufacturing in the country for the fiscal year 2026-27.

time to read

1 min

February 02, 2026

The New Indian Express Bengaluru

HIKE IN SECURITIES TRANSACTION TAX SENDS MARKETS INTO TAILSPIN

INDIA’S equity market crashed by a whopping 2.88% intraday on Sunday as the government’s proposal to raise the securities transaction tax (STT) on derivatives trading triggered widespread selloff.

time to read

1 min

February 02, 2026

The New Indian Express Bengaluru

Relief as govt U-turn on buyback tax

BUYBACK TAX

time to read

2 mins

February 02, 2026

The New Indian Express Bengaluru

'A garbage of lies, visionless and baseless'

THE leaders of Opposition parties criticised the Centre describing the Union Budget for 2026-27 as “directionless and visionless”.

time to read

1 min

February 02, 2026

The New Indian Express Bengaluru

TAX EXEMPTION ON SOVEREIGN GOLD BONDS RESTRICTED

SADDLED with outstanding dues of over 218.5 lakh crore on Sovereign Gold Bonds (SGBs), the government has decided to withdraw the capital gains tax exemption for investors who purchase SGBs from the secondary market.

time to read

1 min

February 02, 2026

The New Indian Express Bengaluru

Buffer to Trump tariff & global trade shocks

SHOT IN THE ARM

time to read

1 min

February 02, 2026

The New Indian Express Bengaluru

5 SCHEMES FOR TEXTILE SECTOR TO BOOST JOBS IN TIER-2 & 3 CITIES

TRUMP TARIFFS

time to read

1 min

February 02, 2026

The New Indian Express Bengaluru

15% rise to keep borders safe, secure

THE Centre has allocated ₹7.85 lakh crore for defence in the Union Budget, marking a 15% jump from ₹6.81 lakh crore last year, even as defence spending remains at 1.9% of the 2026 GDP.

time to read

2 mins

February 02, 2026

Listen

Translate

Share

-
+

Change font size