India Plans To Establish Central Foreign Aid Agency To Fight Corruption, Cut Costs
India plans to establish a central foreign aid agency, “believed to be modeled on” USAID, “to prevent funds from being misused and delays in aid delivery,” the Guardian reports. “The agency will reportedly be called the Indian Agency for Partnership in Development, overseeing $11.3bn (Rs 50,000 crore) over the next five to seven years,” the newspaper writes.
“The move has been welcomed by policymakers” who say a “cohesive aid strategy” will cut costs, but it “raises the question of whether India should be dishing out aid at all when it still receives international aid and suffers from rampant poverty and poor development,” the Guardian reports (Patel, 7/26).
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