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The Economic Times

Economy / The Economic Times

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

India has not allocated funds for the Chabahar port project in its Union Budget. This move comes as the US has imposed sanctions on Iran. India has been a major partner in developing the port. The US had granted a waiver on sanctions for Chabahar, which ends soon. India is discussing the project with the US.

1 Feb 2026 2:39 pm