Another example of how the relationship between the UK and India is maturing. The UK for decades was the largest Aid donor to India.
This has been gradually phased out. Aid is rightly being replaced by better (and I sincerely hope ‘fairer’) trade and technology sharing and support. But the trade and investment must not rely on a “trickle” down economic model where the rich benefit and the poor get the crumbs. It has to truly strike at the roots of poverty through proper vocational and skills training and in particular the empowerment of women through more self-help and enterprise groups.
Read More: From Jan 1, UK to stop financial aid to India
