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According to Bill Gates, India is becoming less dependent on aid and eventually will not need it, says the Economic Times. In his annual letter, Gates commented that, “The good news on resources is that many developing countries have growing economies that allow them to devote more resources to helping their poorest people. India, for example, is less dependent on aid and will eventually not need it.” Gates is co-chair of the Bill & Melinda Gates Foundation and is actively involved in a number of  developmental activities in many countries, such as India.