British aid to India: $98 million
India’ s aid to Africa, Afghanistan, etc.: Over $5 billion.
$98 million will buy you about 120 houses in HSR Layout, Bangalore, my colony.
All it really does is to give Brits a fleeting sense of superiority.
Understand: Indian companies are the biggest investors in Britain after US companies. The Indian investment is probably $30 billion or more.
As a shareholder of 3 such companies I think investing in a country like Britain which is very much on the decline is a foolish thing to do. Anyway.
Finally…what exactly is this British aid to India? Its not aid to India as such, India stopped receiving foreign aid the day Modi became the PM. We believe in trade, not aid. British so-called aid is money that goes to some private charities or NGOs in India.
India is an aid giver, not taker. We give billions in aid to Afghanistan, Africa and even Iran for strategic reasons.