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From Jan 1, UK to stop financial aid to India

Let us be thankful to them for being Kind enough to give us money,what ever may be the amount, the same money would have used for development or uplifting of poor souls........ I guess time has come that this money should be provided to nations which really need them.......
 
oh nooooo How will isro/nuke program/army etc run now :lol: :rofl:

Let us be thankful to them for being Kind enough to give us money,what ever may be the amount, the same money would have used for development or uplifting of poor souls........ I guess time has come that this money should be provided to nations which really need them.......

Are you also thankful of wahhabi aid? I hear they've done a lot of nice things in Kerala (and some in TN)... :lol: Same thing different method.
 
Are you also thankful of wahhabi aid? I hear they've done a lot of nice things in Kerala (and some in TN)... :lol: Same thing different method.

What is your point? You can be more specific if you wish
 
Read up on how "aid" is used before being thankful.

If it has been used with ulterior motive, what were present and past govt doing? (btw i havent looked at for what the aid been used, from what i learnt from you and your way of posting i get an idea though)
 
So much whining about 192 cr ($2.9 cr) ,
Just compare it with self-aiding by brits with only one item .....Kohinoor diamond...costing about $10 billion (its not my figure)
Kohinoor Diamond Price
How should we whining now...

Off topic
Happy New year to all
 
If it has been used with ulterior motive, what were present and past govt doing?
Sleeping. Except for Indira Gandhi who flagged off and kicked out Ford foundation. This govt is slightly okay, will know the full story when the FCRA figures are released. Not big action though, just implementing the law that already exists to monitor and check this.

This govt is of course now been called fascist for that, forgot so soon?

(btw i havent looked at for what the aid been used, from what i learnt from you and your way of posting i get an idea though)
Read up about ngos like oxfam,action aid, world vision and other such garbage.

In 2011, NGOs in India received Rs 10,334 crore from overseas - Rediff.com India News
Lots more if you actually search using the ngos names above. Read how they try to influence policies, and even stop nuclear plants. Really surprised that you nothing of this despite being on a defence forum for so long.
 
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TNNThe government said UK had provided financial aid for government programmes between 2013-2015 (Rs 855.01 cr in 2013-14, Rs 601.77 cr in 2014-15 and 190.06 cr in 2015-16).
NEW DELHI: From January 1, 2016, India will no longer receive financial aid from the UK, a decision which was taken by the British government in 2012 after a domestic outcry about India's growing economic status.

The transition has taken three years during which the existing financial grant projects were completed and the unutilized funds moved into what are called "technical assistance" projects. The MEA informed Parliament last week that "it was agreed that the existing financial grant projects will be completed responsibly as planned and technical cooperation would continue by sharing skills and expertise or in investments in private sector projects".

In 2012, then finance minister Pranab Mukherjee had famously said British aid was "a peanut" (sic) in India's total development spend and that the country could very well do without it. This followed loud voices in the UK protesting against British aid to India, a country which, they said, has a robust space and defence programme. Aid activists, however, pointed to India's poor millions to make a case for retaining the programme.

50388304.cms


The MEA said, "The new component Private Sector Development Initiative (PSDI), introduced in 2011 to promote private sector investment in eight low income states of Madhya Pradesh, Odisha, Bihar, West Bengal, Chhattisgarh, Jharkhand, UP and Rajasthan, will continue."

The government said UK had provided financial aid for government programmes between 2013-2015 (Rs 855.01 cr in 2013-14, Rs 601.77 cr in 2014-15 and 190.06 cr in 2015-16). At present, there are 26 government sector projects with DFID assistance at the Centre and in MP, Odisha, West Bengal and Bihar-- primarily in health, education, governance and urban reforms sectors.

However, British media reported in early December that fresh Whitehall statistics showed that despite the UK promise to cut aid to India, there appeared to be a spike in development spending which rose to £279 million in 2014 from £268 million in the previous year. The only other country, the report said, which received more than India was Ethiopia, but that showed a dip of £8million from 2013.

The Indian government said in 2014-15 and 2015-16, five new agreements have been signed for technical assistance projects in the areas of agricultural reforms, urban infrastructure, energy access, etc. Under the new parameters technical cooperation will focus on policy and skills.

From Jan 1, UK to stop financial aid to India - Times of India

@nair @MilSpec @SarthakGanguly @Water Car Engineer @third eye


Damn.. some people are going to miss their Land Rovers now... and those high society Charity Dinners in the name of Helping poor. ... Bloody Fake NGOs
 
Bharat is one of the richest countries of the world. It requires no foreign aid. It is in a position to give loans to the other countries.
 
Let us be thankful to them for being Kind enough to give us money,what ever may be the amount, the same money would have used for development or uplifting of poor souls........ I guess time has come that this money should be provided to nations which really need them.......
Thankful?
They owe us then...they owe us now...they are forever indebted!
 
Bharat is one of the richest countries of the world. It requires no foreign aid. It is in a position to give loans to the other countries.


In 2012-13, Bhutan claimed 36 percent ($213 million) of India’s technical cooperation spending. Now the second-largest recipient of Indian foreign aid after Bhutan, Afghanistan garnered 15 percent ($89 million) of Indian technical cooperation spending in 2012-13. Nepal received 8 percent ($49 million) of India’s technical cooperation budget in 2012-13.

In 2012-13, African countries received 7 percent ($43 million) of India’s technical cooperation budget, up from 4 percent in 2011-12.
foreignAid.jpg
 

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