More developing countries are given aid from international organisations to help them in their development plans. Some people argue that financial aid is important but other suggest that practical aid and adive is more important ? Discuss both views and give your opinion ?

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In the era of globalisation, efforts are being made to develop all the nations of the earth. To achieve
this
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, internationally recognized organisations are lending hands in many ways to develop the developing nations. Arguments are been made about financial or practical aid and advice, which is better. In
this
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essay, both points will be discussed.
To begin
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with, one of the most common methods used by various international institutes by providing finances with the
development
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plans. Indeed to start any project, the capital required have a lot of emphases.
Additionally
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, numerous plans are dropped because they do not fit in the allocated budget.
For instance
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, the plan to build bullet trains in India has been reviewed several times, owing to the fact that they are not executable economically.
Hence
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, financial service provided by the international agencies justifies their need.
On the other hand
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, another way to fast track the
development
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plans is by providing practical
assistance
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and suggestions for the
development
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plans by international organisations. Admittedly, they are the hidden yet important elements of a plan executed perfectly.
Moreover
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, practical
assistance
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can kickstart the
development
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and guidance on delicate matters will elude the chances of failure.
For example
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, the recent developments of metro rails in India which were closely monitored international experts are much more efficient than the one’s which were not.
Therefore
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, practical
assistance
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and guidance are extensively helpful. In my opinion, financial as well as practical cooperation and tip, are equally important because they complement each other when a successful project is studied. International agencies should keep a record of which workes best in reality so that to have future considerations.
For example
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, wealthy countries like Dubai need practical aid and advice whereas developing countries like Bangladesh need capital
assistance
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. In summary, the service should be given pragmatically so that the purpose is served and the desired outcome can be achieved. The benefit should be considered thoughtfully so that it is utilised in a productive manner
instead
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of taking it for granted.
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