The Secret of Modi’s Success

4 03 2012

The violence which wracked the western Indian state of Gujarat ten years ago has almost become a metaphor for a particular aspect of India’s contemporary reality. The metaphor is described differently, depending on whether one is a supporter of Gujarat’s chief minister Narendra Modi or an opponent. Read the rest of this entry »





Begging the Question: Foreign Aid and India

15 04 2008

.

Last week India announced a line of credit of US $ 5.4 billion to African countries for developing their infrastructure and meeting other development goals as well as duty free import scheme for 50 Least Developed Countries, of which 34 are in Africa. Apart from this the Government also announced a grant of US $ 500 million to African countries and doubled the number of fellowships given to students from African and Asian countries.

This was startling news for a country which has for long being among the largest recipients of foreign aid in the world. From the time of its independence till the early years of this century, billions of dollars have been sent to India by global development agencies and NGOs to finance a range of development work. From the large donors like USAID to small donors like the Swiss and Swedish agencies, India has for long remained the largest aid recipient in their annual budgets. Even in 2006-07, the Government of India received US $ 1.83 billion in net external aid, not counting the amount received by non-governmental bodies in assistance. But according to some estimates, India’s annual aid to other countries equals US $ 1 billion. These figures include loans and other credit instruments. Even if one considers only grants (which have no repayment), the Government of India receives about US $ 654 million from the world and gives out something in the range of US $ 150-200 million to other developing countries.

It is not that India has solved its problems with regard to poverty, malnutrition, health, shelter, education and public infrastructure. Read the rest of this entry »








Follow

Get every new post delivered to your Inbox.

Join 48 other followers