LONDON — Prime Minister David Cameron is facing growing calls to cut huge aid handouts to India after a series of perceived snubs.
Britain was stunned this month when New Delhi announced a big contract to buy French warplanes instead of the UK-backed Eurofighter Typhoon, despite intense efforts by the British government to boost trade.
Angry lawmakers then stepped up pressure on Cameron to axe the more than £1-billion aid budget for India after reports that the Indian finance minister described the handouts as "a peanut".
Cameron -- who led a huge business delegation to India soon after taking office in 2010 -- has pledged to press New Delhi to reverse its decision on the warplanes.
http://www.google.com/hostednews/afp/article/ALeqM5iDQMrtNU5tjT0jw1WcRN8G03NbXQ?docId=CNG.b7b84d73ae0e2b3179e9deb594bd393e.261
Reposted with original AFP link because I found the Yahoo one erratic.
Original mention of subject here :
If India doesn't want our aid, stop it now, Cameron told after country labels £280m-a-year donations as 'peanuts'
David Cameron was under intense pressure last night to slash the £1billion in aid Britain gives to India after the country said it no longer wanted the money.
India's finance minister Pranab Mukherjee said the booming country should 'voluntarily' give up the £280million a year it receives from Britain.
He told the Indian parliament: 'We do not require the aid. It is a peanut in our total development spending.'
Read more: http://www.dailymail.co.uk/news/article-2096628/British-foreign-aid-India-tells-Britain-dont-need-peanuts-offer-us.html#ixzz1m9n9nd1t
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