Government 'to cut foreign aid to India'

The government will cut foreign aid to India because its growing economy means it no longer needs handouts, according to reports.

Justine Greening, International Development Secretary, is expected to announce that the UK's aid commitment to India will change at the end of the current funding programme.

Indian finance minister Pranab Mukherjee said last year that India no longer wants or needs aid from Britain, describing the money as "a peanut in our total development expenditure".