No aid for India from 2015 onwards: Britain

Latest news have said that the Great Britain will stop proving aid to India from 2015 onwards in response to its former colony’s “rapid growth and development progress over the past decade,” the government said on Friday.

Talking to media, International Development Secretary Justine Greening said, the financial aid to India would fell by 200 million pounds (319 million dollars) a year from this year to 2015.

Further, reports have said that no fresh commitments would be made. Justine Greening said in the Parliament that the ongoing programmes would be completed soon.

She said that the support of Britain for India in the future would be limited to skills-sharing in areas such as trade, investment and health

She said, “After reviewing the programme and holding discussions with the government of India this week, we agreed that now is the time to move to a relationship focusing on skills-sharing rather than aid.”

She added, “Having visited India I have seen first hand the tremendous progress being made. India is successfully developing and our own bilateral relationship has to keep up with 21st century India. It’s time to recognise India’s changing place in the world.”

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