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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Month: Current Affairs - November, 2012
Category: International / World Current Affairs