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India highest recipient of US economic assistance: USAID

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The US provided $65.1 billion as economic assistance to India between 1946 and 2012, according to the US Agency for International Development (USAID) statistics. Credits: https://www.google.co.in/url?sa=i&rct=j&q=&esrc=s&source=images&cd=&ved=0CAYQjB1qFQoTCJjv_a232sYCFYQupgodusIHLQ&url=http%3A%2F%2Fthephilanews.com%2Ftreasury-secretary-lew-on-u-s-economic-assistance-to-ukraine-44723.htm&ei=_-akVdjzG4TdmAW6hZ_oAg&bvm=bv.97653015,d.dGY&psig=AFQjCNH6FrcUGXOt5bMcNxiUoeZqa_sAmw&ust=1436956796267425

It was the highest among the economic assistance provided to 200 countries and regions by the US during the period.

The data, which was inflation adjusted, shows India received $65.1 billion in economic assistance, followed closely by Israel, which got $65 billion.

Pakistan, which received a total of $44.4 billion from the US, was among the top five countries of the total 200 nations and regions getting the economic assistance.

Indian economic aid was spread over various sectors and programmes, including child survival and health, development assistance, HIV/AIDS initiatives, migration and refugee assistance, food aid and narcotics control. Some $26 billion of the total aid was provided for various USAID programmes.

In comparison, of the total economic assistance provided to Pakistan, $13.8 billion was given for USAID programmes, while $13.7 billion was attributed to the Economic Support Fund and Security Support Assistance.

USAID is the lead US government agency that works to end extreme global poverty and enable resilient, democratic societies to realise their potential.

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Coolpad Launches its Budget Smartphone in India

The phone is powered by a 2500mAh battery and runs "Spreadtrum SC9850K" chipset

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Coolpad's budget smartphone with 18:9 display in India. (IANS)

Chinese smartphone maker Coolpad on Thursday launched the “Mega 5A” phone with an aspect ratio of 18:9 in India for Rs 6,999.

The company is marketing the device as an “India exclusive” smartphone which is a feature-rich yet budget device.

“Mega 5A” runs Android 8.1 Oreo OS and has facial recognition feature.

“Coolpad is committed to offer best in class products, feature rich products that are priced right. Running 8.1 Android Oreo, a great screen and a powerful battery life, Coolpad Mega 5A will set another industry benchmark which is tough to match,” Syed Tajuddin, CEO, Coolpad India, said in a statement.

Coolpad
Coolpad is reputed for its efforts in technological contributions and also making earnest efforts in operating its IP assets. Pixabay

“We have adopted an aggressive channel expansion strategy with offline channel as our primary focus area. India is a key market for Coolpad and we will launch a range of products that will cater to wider audience base,” he added.

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The device is equipped with a 5MP front camera and 8MP + 0.3 MP dual back camera. The handset features 2GB RAM and 16GB storage which can be expanded up to 64GB.

The phone is powered by a 2500mAh battery and runs “Spreadtrum SC9850K” chipset. (IANS)

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