£1Bn aid to India

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Victor McDade

4,395 posts

183 months

Tuesday 15th February 2011
quotequote all
Pesty said:
Does Russia give India foreign aid in return for those deals?
Well they've aided the Indian moon, nuclear (civilian) and missile programme for starters.

The Russian tax payers may well argue why they should foot the bill for helping India send spacecrafts to the moon.

Edited by Victor McDade on Tuesday 15th February 18:20

dandarez

13,294 posts

284 months

Tuesday 15th February 2011
quotequote all
When the begging bowl is shaken, we're the suckers.

s1962a

5,363 posts

163 months

Wednesday 16th February 2011
quotequote all
dandarez said:
When the begging bowl is shaken, we're the suckers.
India didn't ask for this aid apparently. We gave it to 'soften up' business deals.

BoRED S2upid

19,720 posts

241 months

Wednesday 16th February 2011
quotequote all
As long as they remember who helded them out when they are one of the Worlds Superpowers in 10 years time and we are a third world nation, they can give it back then. Investing in our future.

Have we given China much aid? they can afford to start repaying soon, god knows we need some help.

bobbylondonuk

2,199 posts

191 months

Wednesday 16th February 2011
quotequote all
Victor McDade said:
Well they've aided the Indian moon, nuclear (civilian) and missile programme for starters.

The Russian tax payers may well argue why they should foot the bill for helping India send spacecrafts to the moon.

Edited by Victor McDade on Tuesday 15th February 18:20
India trades a huge amount with Russia all the way since 1947. Agricultural tech, exports and medical experience go that way....migs and space tech comes this way. The nuclear energy is part french. Border security is increasingly Israeli stuff. The Brits are held in very high regard by Indians and even a small bribe to the Indians will get us lots of business. BAE will be laughing if they play it right. The harrier and seaking is a big favourite of the Navy. HAL had license to make jaguars too!

The yanks never helped us until recently...while they gave F-16's/18's to Pakistan...so no one really cares about the yanks there except for the outsourcing business from USA. We had to make do with the french mirage 2000 which we could not fly due to lack of trainer jets..lol

IF we play our cards right there is loads of money to be made out of India. Oh and dont forget ... Indians are fighting hard for the 6th seat...all this money will come in handy at some point in the future!


Poverty alleviation? thats bullst and if it werent...then its a stupid idea.

s1962a

5,363 posts

163 months

Thursday 17th February 2011
quotequote all
Looks like Japan is trying to get in on the act as well

BBC article said:
In another attempt to boost ties between the two Japan is mulling plans to finance some of India's infrastructure projects.

India's commerce minister has proposed setting up a $9bn fund that would help further develop the Delhi-Mumbai industrial corridor.

The project started in 2007 and is based on a similar project between Tokyo and Osaka. It is being funded in part by the Japanese government and Japanese companies.

When finished it will include a high-speed rail freight network, three new sea ports and six airports.

bobbylondonuk

2,199 posts

191 months

Thursday 17th February 2011
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Urban city dwellers in India are now able to buy flatscreen tv and ps3. if 10% of the people of india start buying jap stuff...that ends up to 120m units.....i would spend a few billion for that business...especially when interest rates in japan are virtually zero and they need new export markets! Oh...and Indian IT companies are in Japan for the past 10 years integrating their systems to the western style systems etc.

Poverty aid my arse! The govt really needs to tell it as it is...a bribe!

mightyfine

5 posts

165 months

Thursday 17th February 2011
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yup aid is simply oil to lube the processes ,it's just the way it is. like "road tax" it's not for the roads ,it's to patch over the cracks in the economy , and now is called the carbon emission tax. this new Galileo sat nav for europe is not sat nav,it's simply to turn every trip into a toll. thats the road tax. it's just the way it is :-)

pacman1

7,322 posts

194 months

Thursday 17th February 2011
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mightyfine said:
yup aid is simply oil to lube the processes ,it's just the way it is. like "road tax" it's not for the roads ,it's to patch over the cracks in the economy , and now is called the carbon emission tax. this new Galileo sat nav for europe is not sat nav,it's simply to turn every trip into a toll. thats the road tax. it's just the way it is :-)
I like the cut of yer jib me boy.

bigburd

2,670 posts

201 months

Thursday 17th February 2011
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The company I work for offshore's in India, if we need them to do out of hours we have to send them a Laptop, this gets stuck in Customs for weeks then handed over.

The thing is if there is a software / hardware problem we are expected to ship a new laptop and seldom see the old ones returned! Obviously they are recycled in the slums wink

anonymous-user

55 months

Friday 18th February 2011
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I only found out a few weeks ago that South Korea is still officially a developing nation and gets cheap world bank money. At least the aid to India goes to 600,000,000 poor people (I think about 1/3 are middle class) not to funding world class companies to undercut jobs.

pokethepope

2,659 posts

189 months

Friday 18th February 2011
quotequote all
Berw said:
I only found out a few weeks ago that South Korea is still officially a developing nation and gets cheap world bank money. At least the aid to India goes to 600,000,000 poor people (I think about 1/3 are middle class) not to funding world class companies to undercut jobs.
Do you really think even 1% of the money does directly to the poor in India?