Friday, 9 November 2012

U.K. to slash aid to India


Britain  is planning to slash its  £280 million a year aid to India from 2015 following increasing domestic pressure on Prime Minister David Cameron to halt funding emerging economies such as India, China and Brazil at a time when Britain itself faces a serious economic crisis.

The funds, however, will still be diverted to aid projects abroad, rather than helping to ease the deficit or fund public services in the country.

 

 

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