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British aid ends with New Year: Last Hurrah

Thu, Dec 31, 2015, 02:37 PM
The New Year marks the end of Britain's financial aid to India on account of this country's developed status. The United Kingdom had been wanting to stop any financial aid to India since 2012, when there were queries in that country why a developing nation like India still needed British aid.

Not that anyone in India, including the then Finance Minister Pranab Mukherjee, had sought British aid. In 2012, it was a self-query on the part of Britain to stop the aid. But then there were dissenting voices there, which said the aid should be continued till 2015. As a result, Britain gave an aid of Rs.855 crore in 2013, Rs.601 crore in 2014, and Rs.190 crore in 2015.

Britain had in fact ruled this country since June 28, 1858, after the transfer of power from the British East India Company, which together had looted this country and had made themselves super rich with this country's resources. If at least a part of that money is returned in reparation, India can give financial aid to the likes of Britain and other colonialists.

The British aid, when Pranab was finance minister, was infinitesimal in the Indian budget.

The then Prime Minister, Inder Gujral, had described Britain as a third-rate power when he was exasperated over some issue.

Like saying `keep the change,' Britain wants to treat any remaining funds from its project outlays as `Technical Assistance.'

In the recent past, British aid was used for education, health, good governance, urban renewal and such other programmes in MP, Orissa, West Bengal and Bihar.
Agency: Ap7am Desk
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