India sees EU as a model for ‘even’ development

EurActiv writes upon the EU’s relations with India. It seems that Indian politicians believe the EU is a model from which they could seek inspiration from when it comes to evening up development across its regions.

‘The European Union used the structural funds to inject fresh capital and investment into areas that lagged behind. We need to do the same in India,’ said Jayant Prasad, former India Ambassador to Afghanistan and currently Special Secretary in Public Diplomacy at the Ministry of External Affairs.

Since the 1990s when India dismantled the 'Licence Raj' and opened up to foreign trade, Indian business has boomed. The economy has been growing at a regular pace of more than 8% in recent years.

• Primary Source

ESO: Background information: Brussels closer to drinks trade deal with India http://www.europeansources.info/record/brussels-closer-to-drinks-trade-deal-with-india/

EU: EEAS: EU Relations with India http://eeas.europa.eu/india/index_en.htm

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