Press Release: Commissioner Ferrero-Waldner proposes EUR 470 million package for India

During her visit to India, 16-20 February 2007, European Commissioner for External Relations and European Neighbourhood Policy, Benita Ferrero Waldner, announced that the European Commission is proposing substantial financial assistance to India over the next seven years. An amount of €470 million should be available 2007-2013 to support the implementation of the Joint Action Plan, notably economic co-operation and sectoral dialogues, as well as help India achieve its Millennium Development Goals in the Health and Education sectors. This represents a substantial increase compared to funding provided in the past.