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DeSwiss

(27,137 posts)
Tue Mar 6, 2012, 02:56 AM Mar 2012

Aid Charade: UK wants 'peanuts' back



Uploaded by RussiaToday on Mar 4, 2012

A nuclear power with its own space program receiving humanitarian aid from London. But as the Indian economy gears up to overtake Britain, many in the UK say they should no longer pour money into one of world's fastest growing countries.
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Clamor in Britain is growing to slash the $440 million Britain gives to India after New Delhi said it would voluntarily give up the money. The British media revealed recently that India's finance minister Pranab Mukherjee told the Indian parliament: "We do not require the aid. It is a peanut in our total development spending".

Within a decade, economists predict India will have overtaken the UK to become the world's 5th largest economy, which makes some experts suggest that the aid might even start flowing in the other direction.RT on Twitter http://twitter.com/RT_com RT on Facebook http://www.facebook.com/RTnews




''It is no measure of health to be well adjusted to a profoundly sick society.'' ~Krishnamurti

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Aid Charade: UK wants 'peanuts' back (Original Post) DeSwiss Mar 2012 OP
I may sound like an asshole Confusious Mar 2012 #1
You don't sound like one of those to me..... DeSwiss Mar 2012 #2

Confusious

(8,317 posts)
1. I may sound like an asshole
Tue Mar 6, 2012, 04:01 AM
Mar 2012

But shouldn't the Indian government being paying to help it's poor? Shouldn't we be paying to help ours?
 

DeSwiss

(27,137 posts)
2. You don't sound like one of those to me.....
Wed Mar 7, 2012, 12:24 AM
Mar 2012

...because I agree. I've never understood how India could spend billions on rockets and bombs amidst the grinding poverty right before their eyes. I'm not judging them. Just remarking on the wide disparity. Capitalism works the same way everywhere.

- It's all about unconscionable and unrepentant GREED......

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