♤ At the United Nations General Assembly on November 29, 2012 the status of Palestine was upgraded to a ‘non-member state’. India co-sponsored this resolution and voted in favour of it. India supported the Bandung Declaration on Palestine at Asian African Commemorative Conference in April 2015. India supported installation of Palestinian flag at UN premises along with other observer states, like the flags of member states, in September 2015.

6.3. Financial Assistance

♤ India has so far extended budgetary and project support of US$ 60 million to Palestine. During the visit of President Abbas to India in the year 2008, India announced a grant of US$ 10 million as budgetary support and this was transferred to Palestine in March 2009. During the visit of President Abbas to India in February 2010, India announced a budgetary support of US$ 10 million and this was transferred in the month of March 2010.

♤ Again in 2012, during the visit of President Abbas India announced a grant of US$ 10 million as budgetary support to Palestine.

♤ During the year 2015, India provided a total of US$ 9 million as financial assistance to Palestine; US$ 4 million was provided as project assistance towards the reconstruction of Gaza (on 12 January 2015), and US$ 5million was provided as budgetary assistance (on 12 October 2015).