Voice of America: End of British Aid Marks Economic Shift for India

Voice of America Voice of America is an international news and broadcast organization serving Central and Eastern Europe, the Caucasus, Central Asia, Russia, the Middle East and Balkan countries

End of British Aid Marks Economic Shift for India Nov 16th 2012, 13:24 Britain has decided to stop giving development aid to India - a country with rising incomes and a growing economy. The move marks a change in the global profile of the former British colony from a poor country dependent on foreign aid to an emerging economy which has itself become a donor nation.       Announcing the decision to stop direct aid to India by 2015, British officials said it is time to recognize India's changing place in the world.    In India, ... Media files: 37EB3AD5-E82C-421B-8003-6E6DC8A52DFE_cx0_cy3_cw0_w800_r1.jpg?nocache=1 (image/jpeg, 0 MB)

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