Pundeknadu News #021 - UK Cutting Aid to India (S'pore Can Learn)

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Pundeknadu News #021 - UK Cutting Aid to India (S'pore Can Learn)

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22-10-2013, 03:40 AM

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Pundeknadu News #021 - UK Cutting Aid to India (S'pore Can Learn)

An honorable member of the Coffee Shop Has Just Posted the Following:

All financial assistance from the UK to India will end from 2015, the international development secretary, Justine Greening, has announced.

Britain is to make no new financial aid commitments to India, and will save about £200m by 2015.

The Indian finance minister, Pranab Mukherjee, last year said the country no longer wanted or needed the British aid, describing the money as "a peanut in our total development expenditure".

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