India emerging as a new face among donors

[rcdsss ajmer]

Dear friends,

India, despite being the largest recipient of foreign aid and despite rapid strides in the field of agriculture, though unsustainable, as reflected in the record breking food production during the last three years (2009-2012), we are ranked 66 on Global Hunger Index among 88 vulnerable countries! How do we explain our poverty levels in the context of India joining the Donor club in 2012 ? Undoubtedly, it is good news that we have enough and to spare. But why this poverty within ?

Udayashankar

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To: srrf-d...@yahoogroups.com
From: socio-r...@sma.net.in
Date: Wed, 30 May 2012 16:04:43 +0530
Subject: [srrf-dialogue] India emerging as a new face among donors

 

Foreign Funding

 

India emerging as a new face among donors

 

India was the largest recipient of foreign aid between 1951 and 1992. India received about $55 billion in foreign aid. Now, it seems a transformation is going to take place- Indiaï؟½s switch from worldï؟½s biggest recipient to donor is a part of wider change shaking up foreign aid. India seems to be on the verge of setting  up its own aid-giving body. The government is in active discussions to create an India Agency for Partnership in Development (IAPD), an equivalent of Americaï؟½s Agency for International Development (USAID) or Britainï؟½s Department for International Development (DFID). Even today, America remains the largest single donor,with $31 billion in 2010. The second in the list would be China, which gave away $25 billion in 2007. Brazil gives upto $4 billion a year of assistance. Then, in the list is Sweden, Italy or Saudi Arabia. If India gives around $ 2 billion a year, it would rank with Austria or Belgium...............(click to read more)

 

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