Maldivian tourists will be granted a 30-day visa with effect on April 14.
The payout to a marketing company ballooned due to accrued fines.
The agreement was signed during a visit by External Affairs Minister Sushma Swaraj.
A portion of lending is allocated for youth entrepreneurs, women, and persons with disabilities.
Some 168,583 tourists visited during the month.
The Attorney General's office backed a tobacco importer's claim in a tariff dispute.
The waterfront area was controversially leased for a bridge viewing platform.
A request was made at the annual policy dialogue with EU ambassadors.
A stretch of Malé's ring road closed off for the project is to be reopened.
Maldives faces challenges posed by high deficits and growing debt.
The scheme enables immediate payment for fish catches.
The authorities are reviewing safety measures after a spate of drowning incidents.
The immigration department will stop granting work permits and issuing quotas in March.
The Malaysia-based security firm won the arbitration award over the cancellation of a border control project.
The system would allow users to make payments regardless of their bank or island of residence.
The State Trading Organisation plans to cover labour and transportation costs.
Five water villas were damaged beyond use.