Britain will no longer give India financial aid from 2015 but will in the future support areas like trade and investment and health.
After reviewing the programme and holding discussions with the Government of India this week, we agreed that now is the time to move to a relationship focussing on skills-sharing rather than aid.
Having visited India I have seen first hand the tremendous progress being made. India is successfully developing and our own bilateral relationship has to keep up with 21st Century India. It’s time to recognise India’s changing place in the world.
It is of course critical that we fulfil all the commitments we have already made and that we continue with those short-term projects already underway which are an important part of the UK and Government of India’s development programme.
More top news
He fell 30 feet to the floor. But despite the drama, it appeared the show must go on.
Is the pledge to give Scotland more powers a last throw of the dice, or the reassurance some voters need to seal a No vote?
A mother from north Wales says she was stunned to find a talking Barbie doll using foul language.