THE GUARDIAN: UK to halt state financial assistance to India in 2015 and will make no new cash commitments before then, says minister
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.
Greening, who took responsibility for Britain's aid budget in September, said programmes already under way would be completed as planned but no new initiatives would be signed off.
British support for India will in future be limited to skills sharing in [area] areas such as trade and investment and health.
"After reviewing the programme and holding discussions with the government of India this week, we agree that now is the time to move to a relationship focusing on skills sharing rather than aid," Greening said.
"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. » | Press Association | Friday, November 09, 2012
