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 Industry & Economy - Social Welfare


Bilateral aid to be accepted from G-8 countries

Our Bureau

New Delhi , Sept. 20

THE Government said on Monday that bilateral development assistance would be henceforth accepted from all G-8 countries, namely, the US, the UK, Japan, Germany, France, Italy, Canada, the Russian Federation as well as the European Commission.

An official release said that bilateral development co-operation from the countries of the EU outside the G-8, which provide a minimum bilateral aid-package ($25 million a year) to India, is also welcome.

It also said other countries not covered by this policy may consider providing bilateral aid directly to autonomous institutions, universities and non-governmental organisations as before.

A simplified policy to facilitate the flow of bilateral assistance to NGOs and autonomous institutions will be announced shortly.

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