§ 22. Sir G. SCOTT ROBERTSONasked the Under-Secretary of State for India 1754 whether he will state what part of the fiduciary portion of the Indian Paper Currency Reserve is held in Government of India rupee paper?
§ Mr. C. ROBERTSApproximately, ten crores of rupees.
§ Sir G. SCOTT ROBERTSONWill my hon. Friend say if the Secretary of State approves of the principle of the Government of India holding its own debt as security against its own liability?
§ Mr. C. ROBERTSI do not think I can make any statement at the present time on this subject. The whole question of the recommendations and the report is under consideration.