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India to surrender aid if UK decides to cut it: Pranab

New Delhi: India will prefer to voluntarily surrender the grant it receives from United Kingdom if the British government decided on cutting it, Finance Minister Pranab Mukherjee told Rajya Sabha.

He said during Question Hour that New Delhi has ‘made it clear’ to the Cameron administration that ‘we will voluntarily surrender’ aid should UK decide to cut it.

India’s stand was made clear during the recent visit of British Prime Minister and UK government was asked to give it prior information on any decision to cut the aid. “We don’t require the aid we will voluntarily surrender it,” he said.

The new government in the United Kingdom has commissioned a review of each of their bilateral aid programmes being implemented by the Department for International Development (DFID) with recipient countries globally to determine where UK resources are most needed.

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