-to promote welfare
-to accelerate economic growth
-to promote and strength collective self reliance
-to promote active collaboration
-to strengthen Co operation with other developing countries
-to strengthen Co operation with other international institutions
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The SAARC charter with its aims can be found at the link below
SAARC countries share same cultural history since centuries. Because India is somewhat peaceful and had a stable political establishment since independence. No two SAARC countries share a boundary and all of them share a boundary with India. India is strong in economic perspective than other SAARC countries so they were not of much help to India.
South Asian Association for Regional Cooperation
Sri Lanka
It was held in New Delhi, India in 1996.