MESSAGE: Sushma Swaraj
Asserting that the Indian government is “not worried” about Britain deciding to stop financial aid to the country, foreign minister Sushma Swaraj on Wednesday (23) said the move implies that the UK recognises India’s economic strength.
In November 2012, the UK government had said that development relationship with India would change after 2015 from financial grant aid projects to technical assistance programmes.
“We are not worried about Britain stopping the (financial) aid. We are happy because it also implies that Britain recognises our economic power,” the minister told the lower house of parliament.
Swaraj said the development partnership between India and the UK was in transition, with the focus shifting from financial aid projects to technical assistance programmes by sharing skills and expertise or investment in private sector projects.
Technical cooperation would focus on policy cooperation and skills exchange in areas like growth, trade and investment, education and skill development, health, governance, capacity building, monitoring and evaluation, she added.
“The programmes will be implemented in consonance with India’s policies and guidelines on technical cooperation,” Swaraj said.