Put that hospital on hold. India needs another £1bn.

[Alf W]

Have we done this one recently?

Link

MINISTERS provoked fury over Britain’s spiralling overseas aid budget yesterday by pledging a further £1billion of tax*payers’ cash to new economic giant India.

International Development Secretary Andrew Mitchell confirmed that the coalition Government would hand over £280million a year to the rapidly growing country at least until 2015.

[amcdonald]

It's a bribe so that more British companies can set up offshoots over there to get more ICTs over here

[DimPrawn]

There are three times as many billionaires in India as there are in the UK.

India is very wealthy but has a lot of poor people.

I think a dose of New Labour style wealth redistribution, 50% tax rates plus NI etc would soon sort out India, rather than a small bankrupt country like the UK borrowing even more money so it can send it to one of the world's richest countries.

[Sysman]

There are three times as many billionaires in India as there are in the UK.

India is very wealthy but has a lot of poor people.

I think a dose of New Labour style wealth redistribution, 50% tax rates plus NI etc would soon sort out India, rather than a small bankrupt country like the UK borrowing even more money so it can send it to one of the world's richest countries.

Indian Tax Calculator

I seem to remember coming across a site which quoted a million rupees p.a. for a Senior Developer at HP India.

Edit: Found a link

Sr. Software Engineer / Developer / Programmer  Rs   630,267
Project Manager, Information Technology (IT)    Rs   919,354
Technical Support Engineer                      Rs   212,000
Information Technology (IT) Consultant          Rs   424,000
SAP Consultant                                  Rs   476,086
Software Engineer                               Rs   360,000
Service Delivery Manager                        Rs 1,250,202

[Old Greg]

The crazy thing is that India has an overseas aid programme!

[xoggoth]

On top of remittances. 3 times direct aid, if UK is typical.

BBC NEWS | Business | India tops migrant workers table

[Gibbon]

Those the gods wish to destroy, they first make mad.

Poor old Clive must be spinning in his grave.

Indeed. Two hundred years after he pillaged and made us rich, we're giving it all back. At least they got railways and a civil service out of it, all we'll get is sharia law.

[Gibbon]

Us?

Who is this "us" of whom you speak?

Clive made Clive rich.

And a few other nabobs.

No us in the modern sense, the wealth plundered from India helped fuel the Industrial Revolution.

[RichardCranium]

No us in the modern sense, the wealth plundered from India helped fuel the Industrial Revolution.

Did you make that up or do you believe it?

The Industrial Revolution was over shortly before the British Raj started.

[Gibbon]

Did you make that up or do you believe it?

The Industrial Revolution was over shortly before the British Raj started.

the Company was granted an English Royal Charter, under the name Governor and Company of Merchants of London Trading into the East Indies, by Elizabeth I on 31 December 1600.[4]