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बेसिक इंग्लिश का दूसरा सत्र (कक्षा प्रारंभ : 22 अक्तूबर, शाम 3:30 से 5:30)
UK Stops Economic Aid to India
Jan 05, 2016

From January 1, 2016 the British government stops millions of Pounds in aid to India. As per the statistics released by the Department for International Development, India received 279 million Pounds (Rs 2,745 crore) in 2014, a 10 million (Rs 98 crore) increase over the previous year. The move implies that Britain recognises India’s economic strength.

While financial aid will come to an end, the UK will continue to offer grants and technical assistance to India from 2016.

This, however, has sparked anger in some quarters in the UK. Chief executive of the UK`s TaxPayers Alliance, said, "British taxpayers will be staggered that their money is being used to support projects in a country that can well afford to look after its own citizens, especially since we have been told aid to India would be scaled back."

UK international development secretary Justine Greening had announced three years ago that Britain’s aid to India would end by the end of 2015, as the two countries developed ‘a new kind of relationship. We have agreed that the UK`s programme of financial grant aid to India will end. We will finish existing financial grant projects responsibly, so that they all complete as planned by 2015.

The latest figures revealed that Britain’s overall aid spending has risen to 11.7 billion Pounds and that it now spends most of its aid money on a fund to tackle climate change.

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