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UK set to axe 280 mn pound aid to ‘rich’ India

Last Updated: Friday, November 9, 2012 - 12:18

London: A British lawmaker is set to announce that the UK is planning to stop sending billions of pounds in foreign aid to well-off nations, like India.

The country’s International Development Secretary Justine Greening will tell MPs that India''s controversial 280 million pounds a year aid programme will be scrapped.

According to the Daily Mail, there had been speculation that the Government wanted to halve the subsidies, but she will tell MPs that as a result of the talks she is cancelling them altogether from 2015.

The paper quoted a government source, as saying that ‘Greening has been in India this week in talks with senior politicians in the country’

“As a result she will end financial aid to India in 2015.She wanted to make the decision based on consensus, so that is why she went to talk to people there,” the source added.


First Published: Friday, November 9, 2012 - 12:18
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