India, Britain to step up cooperation in cyber security
November 10th, 2012
India and Britain decided to step up cooperation in cyber security during their Foreign Minister-level talks.
SHARED CORE PRINCIPLES
India and Britain went on to define the core principles under which this cooperation would take place.
A joint statement issued at the end of the interaction held that “Both India and the United Kingdom share the core principles of liberty, transparency, freedom of expression and the rule of law which apply in cyberspace”.
Objective: The cyber security dialogue will attempt to cut down the risk of threats from cyberspace to international security and strengthen the bilateral cooperation in tackling cyber crime.
U.K. halts further aid to India
November 13th, 2012
Buckling under mounting domestic pressure, 
the British government declared stop to additional financial aid to India but all existent commitments until 2015 would be honored.
the British government declared stop to additional financial aid to India but all existent commitments until 2015 would be honored. - The move would save Britain over £200 million over the next three years.
- Britain’s new focus will be to offer technical help and investment in private sector poverty-alleviation projects
- Move consequence to the economic crisis U.K. itself is facing and considering that India is ‘successfully developing’
BAE Systems inked an Agreement with Smile Foundation for Health Care and Primary Education
The BAE Systems, a British Defence major, on 7 October 2012 signed an agreement with Smile Foundation, a Non-Government Organisation for supporting the underprivileged in Health Care and Primary Education. The BAE Systems have inked the agreement for strengthening its social presence in India.
The company is aimed at making its contribution in development of India by supporting the development programs of Smile Foundation in terms of Primary education and Health Care in both urban and rural communities of seven states of India and the states are Uttar Pradesh, Chhattisgarh, Maharashtra, Haryana, Odisha and Tamil Nadu.
The company is aimed at making its contribution in development of India by supporting the development programs of Smile Foundation in terms of Primary education and Health Care in both urban and rural communities of seven states of India and the states are Uttar Pradesh, Chhattisgarh, Maharashtra, Haryana, Odisha and Tamil Nadu.
India, U.K. amend convention on DTAA
India and the U.K. inked a protocol amending the 1993
bilateral convention on avoidance of double taxation and prevention of fiscal evasion related to taxes on income and capital gains.
Main features of this protocol:
- Streamlining the partnership and taxation of dividends provisions in both the countries.
- Provide tax stability to the residents of the two countries.
- Facilitate mutual economic cooperation besides stimulating flow of investment, technology and services b/w the two nations.
- Provisions for effective exchange of information b/w the tax authorities of the both sides.
- Exchange of banking information and supplying of information irrespective of domestic interest.
- Sharing of information to other agencies with the permission of the supplying state.
UK Lifted Travel Advisory on Jammu and Kashmir
The United Kingdom on 6 November 2012 lifted its around twenty years old travel advisory for its nationals against travel to Srinagar, Jammu and Ladakh, referring improvements of the security situation in the State.
The lifting of travel advisory came to testimony the fact that security situation in Jammu and Kashmir is improved.
The UK Foreign office declared on their website that they no longer advise against travel to Jammu and Kashmir or against travel on the Jammu to Srinagar highway.
The lifting of Travel Advisory came just before British foreign secretary William Hague’s visit to India.
The lifting of Advisory is going to encourage more UK tourists to visit and provide a platform for businesses which in turn benefit the local economy of Jammu and Kashmir.
UK is the third country to lift the ban on travel to these places in the state after Germany and Japan. Earlier the Country of Japan on 19 October 2012 lifted the advisory while Germany in July 2011 had relaxed travel restriction to Jammu and Kashmir for its National.
The travel Advisories were imposed as a result of the outbreak of militancy in the state of Jammu and Kashmir after 1989 and with the abduction of some foreign tourists
The lifting of travel advisory came to testimony the fact that security situation in Jammu and Kashmir is improved.
The UK Foreign office declared on their website that they no longer advise against travel to Jammu and Kashmir or against travel on the Jammu to Srinagar highway.
The lifting of Travel Advisory came just before British foreign secretary William Hague’s visit to India.
The lifting of Advisory is going to encourage more UK tourists to visit and provide a platform for businesses which in turn benefit the local economy of Jammu and Kashmir.
UK is the third country to lift the ban on travel to these places in the state after Germany and Japan. Earlier the Country of Japan on 19 October 2012 lifted the advisory while Germany in July 2011 had relaxed travel restriction to Jammu and Kashmir for its National.
The travel Advisories were imposed as a result of the outbreak of militancy in the state of Jammu and Kashmir after 1989 and with the abduction of some foreign tourists
Cabinet approves for Indo-UK JV on affordable healthcare
The Cabinet approved the implementation of a joint venture programme on affordable Healthcare.
The Department of Biotechnology and the Wellcome Trust, London, U.K., one of the world’s largest bio-medical
research charities, propose to establish a joint funding initiative called R&D for Affordable Healthcare in India. The
programme will support translational and innovative research projects at Indian institutions potentially leading to safe,
efficacious and affordable healthcare products such as drugs, vaccines, bio-equipment products etc.
U.K. to slash aid to India
November 6th, 2012
Britain is planning to slash its £280 million a year aid to India from 2015 following increasing domestic pressure on Prime Minister David Cameron to halt funding emerging economies such as India, China and Brazil at a time when Britain itself faces a serious economic crisis.
The funds, however, will still be diverted to aid projects abroad, rather than helping to ease the deficit or fund public services in the country.
Aid to India by Britain may end soon
Britain is gearing up to cease its aid program to a flourishing India and is improbable to renew its
commitment after 2015. Andrew Mitchell, the UK’s Secretary of State for International Development,
held that his department’s 1.6 billion pounds programme for India is in its final phases and will be
wound up as the Indian economy booms and its own efforts to ease poverty become progressively effectual. Currently,
the UK government has publicly devoted to funding aid programmes in India until 2015. Whilst more than 1 billion
pounds has been sent to India over the past 5 years, 600 million pounds remain committed but, Andrew Mitchell did
not commit to renewing aid to India beyond that date.
Andrew Mitchell, Secretary of State for International Development, quoted that "I completely understand
why people question the aid programme to India and we questioned it ourselves. That’s why we reviewed
every aspect of it when we came into government and changed it fundamentally. The fact is we didn’t mess
around. . . We won’t be there forever".
British Media held that: “There is growing political pressure to end aid to a country that boasts its own space
programme and spends 70 billion pounds a year on poverty alleviation, dwarfing the Britain’s contribution”.
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