If they have the cash to blow on big fireworks it's about time to stop the aid payments me thinks... Sadly an unlikely prospect. If anything they are more likely to put the payments up even though we can't afford it!
Of course, it might be more acceptable if said 'aid' was to somehow turn around and come back in house (UK) headed towards some UK companies that develop and export rockets/satellites that actually work... (The cash would have to come with some decent top ups from the locals of course).
Considering the technological shift in the direction of the subcontinent, a satellite programme is understandable. Why India doesnt just pay for time on someone elses satellite is a little unclear. Perhaps rumours of Operation Ringsting are true, the linking of Tandoori restaurants globally so that the subcontinent can lead everyone everywhere to being incontinent, and then take over the world......
The EU does carry some benefits - for one, we've access to these guys' little toys. Although even their own propaganda doesn't exactly justify their existance - their 'big achievement' was something about improving the quality of bolts
I'm Irish, we pay for part of it, it's "ours".....So do you BTW. We also have bits and piece's in the construction of the rockets
Edit, you pay almost 7% of ESA's cost's, over 17% of the mandatory programmes.