You can now read 5 articles in a month for free on Read as much as you want anywhere and anytime for just 99¢.

Britain to end financial aid to India

LONDON — Britain will halt all aid spending in India in 2015 in a significant shift in relations between the emerging economic giant and its former colonial ruler, Prime Minister David Cameron’s government announced Friday.

Acknowledging the country’s rising wealth and status, International Development chief Justine Greening said Britain would change its entire relationship with India — seeking to boost trade as it ends its aid program.

Continue reading below

Britain offered India about $447 million in assistance in 2011, focused heavily on education and health programs for impoverished children.

However, many legislators in the United Kingdom had targeted the development spending for scorn, arguing that Britain, struggling to cut its own national debt, could no longer afford to help a booming nation that has its own space program.

‘‘Now is the time to move to a relationship focusing on skills-sharing rather than aid,’’ Greening said. ‘‘It’s time to recognize India’s changing place in the world.’’

Britain is struggling with spending cuts worth $162 billion through 2017.

Loading comments...
Want each day's news headlines delivered fresh to your
inbox every morning? Just connect with us
in one of the following ways:
Please enter a valid email will never post anything without asking.
Privacy Policy
Subscriber Log In

You have reached the limit of 5 free articles in a month

Stay informed with unlimited access to Boston’s trusted news source.

  • High-quality journalism from the region’s largest newsroom
  • Convenient access across all of your devices
  • Today’s Headlines daily newsletter
  • Subscriber-only access to exclusive offers, events, contests, eBooks, and more
  • Less than 25¢ a week
Marketing image of
Marketing image of