https://www.taxtmi.com/news?id=4144 Cessation of new United Kingdom grant aid to India was announced with immediate effect while existing DFID programmes will be completed by 2015; ongoing technical assistance and the Pro poor Private Sector Development Initiative in eight low income states will continue to receive support. Reported disbursements for 2011 12 and for 2012 13 up to October 2012 were provided, and the assistance represented about 0.036 percent of GDP, a level the Government assessed as unlikely to materially affect the national economy. The position was reported in a written parliamentary reply by the Minister of State for Finance. en-us Fri, 30 Nov 2012 15:24:06 +0530 Fri, 30 Nov 2012 15:24:06 +0530 TaxTMI RSS Generator https://www.taxtmi.com/news?id=4144 Cessation of new United Kingdom grant aid to India was announced with immediate effect while existing DFID programmes will be completed by 2015; ongoing technical assistance and the Pro poor Private Sector Development Initiative in eight low income states will continue to receive support. Reported disbursements for 2011 12 and for 2012 13 up to October 2012 were provided, and the assistance represented about 0.036 percent of GDP, a level the Government assessed as unlikely to materially affect the national economy. The position was reported in a written parliamentary reply by the Minister of State for Finance. News - Fri, 30 Nov 2012 15:24:06 +0530 https://www.taxtmi.com/news?id=4144