U.K. halts further aid to India

Buckling under mounting domestic pressure, imagethe British government declared stop to additional financial aid to India but all existent commitments until 2015 would be honored. 

  • The move would save Britain over £200 million over the next three years.
  • Britain’s new focus will be to offer technical help and investment in private sector poverty-alleviation projects
  • Move consequence to the economic crisis U.K. itself is facing and considering that India is ‘successfully developing’

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Categories: International Current Affairs 2018

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