Reasons Not to Ringfence the Dfid Budget: No 94


By Stephen Pollard
July 5, 2010
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From @IainDale:

Amount spent by India on its space programme: £633 million

Amount of UK development aid to India over next three years: £825 million 

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Joshua18

Mon, 07/05/2010 - 14:03

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Sheer insanity

1) "Pinning hopes on a normal monsoon, Finance Minister Pranab Mukherjee today said the Indian economy will expand by 8.5 per cent this fiscal and achieve double-digit growth in the next two years.

During 2009-10, Indian economy grew at better than expected rate of 7.4 per cent. The GDP expanded over 8.6 per cent in the last quarter of the same fiscal."

http://www.ptinews.com/news/763921_Pranab-sees-double-digit-economic-gro...

2) "Growth in India’s services industry including software and telecommunications accelerated to a two- year high in June, maintaining pressure on the central bank to raise interest rates and curb inflation."

http://www.businessweek.com/news/2010-07-05/india-services-growth-accele...

3) "AS anyone who has flown into Delhi or Mumbai will have noted, Indian airports are a shambles. This has long been the case, but such infrastructure as the country has clearly cannot cope with the demands of the second-fastest-growing big economy in the world."

http://www.economist.com/blogs/gulliver/2010/07/delhis_new_terminal

4) "The Indian economy is galloping at a breakneck speed and might even reach double-digit growth by 2013, feel Finance Minister Pranab Mukherjee and Commerce Minister Anand Sharma."

http://business.rediff.com/slide-show/2010/jun/24/slide-show-1-bcrisis-i...

5) "Indian stocks fare best among BRIC peers in first half of 2010"

http://tinyurl.com/2ageg8q


Jonathan Hoffman

Mon, 07/05/2010 - 14:15

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Plus all the millions of taxpayer pounds cash which go to NGOs openly hostile to Israel........ see NGO Monitor

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