'aid is past, trade is future'

[sexy gun]

Khurshid junks UK aid issue; says 'aid is past, trade is future' - The Times of India

NEW DELHI: India today summarily dismissed UK moves to slash its aid of 280 million pounds per annum by half to it with external affairs minister Salman Khurshid saying that "aid is past, trade is future."

Addressing a joint press conference with his UK counterpart William Hague, Khurshid said that the matter was not discussed. "If we did not discuss it (aid issue), it did not merit a discussion."

The remarks came in the backdrop of reports that UK was planning to slash its assistance to India by half due to mounting domestic criticism that Britain's overseas assistance was not justified in times of downturn.

On his part, Hague said Britain's international development secretary Justine Greening would be examining the issue and take a decision.

He also said the two countries are holding talks on the issue. "We have been discussing the issue... The governments of UK and India have agreed on the way forward on this issue," Hague said, adding that Greening would be issuing a statement and he did "not want to pre-empt the issue".

Khurshid said the two sides had discussed all aspects of bilateral trade, which "has immense potential" and noted that India is third largest investor in Britain, while the UK also has major investments in India.

President Pranab Mukherjee as finance minister had dismissed British aid as "peanuts" in India's total development expenditure.

 

[arp2041]

Is it an illusion or something since i am reading the title as "Eurofighter Typhoon is past, Rafale is future"

 

[karan21]

Indian junk can be sold to Afghanistan and Mayanmar... for this you need transit aid from Pakistan & Bangladesh.

Pehle article to padhe le bewakoofff.

Good think Indians should not give this issue much importance. Brits needed to be taught a lesson, I guess mission accomplished. Now lets talk Business.

 

[trident2010]

Indian junk can be sold to Afghanistan and Mayanmar... for this you need transit aid from Pakistan & Bangladesh.

--- No comments -----

 

[KRAIT]

Indian junk can be sold to Afghanistan and Mayanmar... for this you need transit aid from Pakistan & Bangladesh.

Transit aid....

You do realize that India shares border with Myanmar and so we can get the trade done even if Bangladesh doesn't provide the transit.

For Afghanistan, India can do the trade through Iran.

Come on man, you are elite member. Read the article first and don't post off topic and even if you do, at least post something sensible.

 

[Sashan]

I don't know why Indian government is still entertaining this UK aid discussions. Time to stop this nonsense. It seems it is more to the benefit of UK.




According to a leaked memo, the foreign minister, Nirumpama Rao, proposed “not to avail [of] any further DFID [British] assistance with effect from 1st April 2011,” because of the “negative publicity of Indian poverty promoted by DFID”.

But officials at DFID, Britain’s Department for International Development, told the Indians that cancelling the programme would cause “grave political embarrassment” to Britain, according to sources in Delhi.



India tells Britain: We don't want your aid - Telegraph


And guess what Guardian is running a poll on whether to grant India aid or not.

Should the UK cut aid to India? | Poll | Global development | guardian.co.uk

 

[darkinsky]

Indian junk can be sold to Afghanistan and Mayanmar... for this you need transit aid from Pakistan & Bangladesh.

 

[Chinese-Dragon]

The British should pay back everything they stole from the developing world, plus interest.

But they can't afford to do that, it would cost more than their entire GDP.

 

[VCheng]

The British should pay back everything they stole from the developing world, plus interest.

But they can't afford to do that, it would cost more than their entire GDP.

Please send the bill to:

The Prime Minister,
10 Downing Street,
London SW1A 2AA,
United Kingdom.

 

[karan21]

The British should pay back everything they stole from the developing world, plus interest.

But they can't afford to do that, it would cost more than their entire GDP.

Bro I sometimes find it hard to believe how brits ruled the entire world. A tiny nation who was able to be the strongest superpower for 500 yrs and rule almost 70 nations.

We will not get out stuff back, but we will develop or nations to beat them in every field.

 

[arp2041]

The British should pay back everything they stole from the developing world, plus interest.

But they can't afford to do that, it would cost more than their entire GDP.

mate, u will make every Britisher to come to streets if that would had happened, Indian GDP accounted for 25-30% of world GDP before Britain conquered India, i think India & China were together contributing around 55-60% to world GDP at there peak, u can't imagine the total amount of money when inflation of around 200 years would be taken into consideration.

On topic: Just give us our Kohinoor back, to hell with the aid.

 

[karan21]

mate, u will make every Britisher to come to streets if that would had happened, Indian GDP accounted for 25-30% of world GDP before Britain conquered India, i think India & China were together contributing around 55-60% to world GDP at there peak, u can't imagine the total amount of money when inflation of around 200 years would be taken into consideration.

On topic: Just give us our Kohinoor back, to hell with the aid.

I think they should put out the entire looted stuff for bidding. I am sure India all out to get its stuff back.

 

[Sashan]

I think they should put out the entire looted stuff for bidding. I am sure India all out to get its stuff back.

You might get back Kohinoor diamond. What about Hope diamond?

 

[darkinsky]

The British should pay back everything they stole from the developing world, plus interest.

But they can't afford to do that, it would cost more than their entire GDP.

they will need resources of a country as big as united states to do that, the time the developing world becomes powerful to bully UK, they will be back to stone age and all that dark age tribal life and all

 

[VCheng]

...........

On topic: Just give us our Kohinoor back, to hell with the aid.

If you ask nicely .......