U.K. expected to cut aid payments to India in half

Published on November 8, 2012 at 4:55 AM · No Comments

U.K. International Development Secretary Justine Greening on a visit to New Delhi this week is expected to "outline plans to phase out Britain's controversial aid payments to India, which are likely to come to an end after 2015," the Financial Times reports. "According to reports in two British newspapers, Ms. Greening will announce she intends to cut the current £280 million-a-year [$448 million] program in half," the newspaper notes (Stacey, 11/4). "The move comes amid mounting criticism that Britain's overseas aid program, which is set to reach more than 12 billion pounds [$19 billion] by 2014, cannot be justified at a time of spending cuts back home," the Times of India writes (11/5).

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