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The Minister of State for External Affairs, Shri E. Ahamed told the Lok Sabha today that the Government of India reviewed the policy of bilateral development cooperation of affirm the liberalisation and reform orientation in India’s economic policy Bilateral development assistance will now be accepted from all G-8 countries, namely, Japan, United Kingdom, United States of America, Canada, Germany, Italy, France, Russian Federation as well as from the European Commission. Further, such assistance will also be accepted from non G-8 European Union countries providing a minimum bilateral aid package of US $ 25 million per annum to India. The policy also entails a simplified procedure to facilitate the flow of bilateral assistance to non-governmental organisations and autonomous institutions.
The above information was given by Shri E. Ahamed while replying to a question by Shri Suresh Prabhakar Prabhu.
AK/SK/JA
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