Storm in an Indian teacup

So, does India want the UK’s aid or not? If you believe the Indian finance minister, Pranab Mukherjee, the funds are unnecessary, ‘peanuts’ even. The Daily Telegraph reports that British ministers ‘begged’ the Indian government to take the money. The story is likely to garner attention, especially as aid to a growing power like India is a contentious proposition.

But before taking the Indian Finance Minister’s word — and the Telegraph’s reporting — as truth, it is worth looking at a few facts. First, Mukherjee made the statement in 2010, as reported in the Financial Times at the time. Since then the Finance Minister has publicly described himself ‘very pleased’ with UK aid, including as late as December 2011 when he met with Andrew Mitchell. More importantly, as I reported on Coffee House in late June last year, the Indian Prime Minister told David Cameron to ‘think hard’ about cutting UK aid to India, which the Indian government ‘welcomed’.