He said the aid would be distributed by military helicopters along with the Rakhine state government as uncertainty and security concerns continue in the region.
Hundreds were killed and more than 150,000 people displaced from their homes in 2012 when mob violence broke out between the Rakhine and Rohingya communities, driven by long-standing prejudice against the Rohingya, who are considered by many to have entered Myanmar illegally from neighboring Bangladesh, even though many families have lived in Myanmar for generations.
Suu Kyi has been criticised for failing to stand up for more than 1 million stateless Rohingya Muslims in Rakhine.
PM Modi met Myanmar State Counsellor and de facto leader Aung San Suu Kyi on Wednesday morning. I understand the complexity of the situation in Myanmar.More news: North Korea says 6th nuke test was H-bomb, 'perfect success'
Cox's Bazar, (Bangladesh): At least five children drowned when boats carrying Rohingya refugees fleeing violence in Myanmar sank early on Wednesday, Bangladesh border guards told AFP.
■ PM Narendra Modi: Deepening relationship with Myanmar is a priority for India, as a neighbour and also in the context of "Act East Policy".
The Nobel laureate assured Turkish President Tayyip Erdogan during a phone conversation on Tuesday that her government was working to protect the rights of the Rohingya, the report said.
Raveesh Kumar, spokesperson of the Ministry of External Affairs tweeted the list of Memorandum of Understandings (MoUs) between Myanmar and India.More news: Greece Manufacturing Growth Strongest In 9 Years
Global concern, in particular from Muslim countries, is growing about the latest exodus of Rohingya. Security forces responded to the attacks with days of "clearance operations" the government says were aimed at rooting out insurgents it accuses of setting fire to Rohingya villages.
India and Myanmar were also looking at strengthening existing cooperation in areas of security and counter-terrorism, trade and investment, infrastructure and energy, and culture, Mr. Modi had said ahead of his visit.
■ Modi arrived in Myanmar on the second leg of his two-nation trip during which he travelled to southeastern Chinese city Xiamen where he attended the annual Brics summit and held talks with Chinese President Xi Jinping, Russian President Vladimir Putin and other world leaders.
"We would like to thank India particularly for its strong stance that it has taken with regard to terrorist threat that came to our country a couple of weeks ago", she said in brief remarks.More news: Apple's iPhone 8 event is confirmed for September 12
This is Mr. Modi's first bilateral visit to Myanmar.