HC Deb 06 April 1925 vol 182 cc1795-6
2. Mr. WARDLAW-MILNE

asked the Under-Secretary of State for India what is the capital debt of the railways of India at the present time?

Earl WINTERTON

The amount of the capital at charge on the Indian State Railways (including those worked by companies) on the 31st March, 1925, is esti- mated at 654½ crones of rupees, or approximately (at present rates of exchange) £490,000,000.

Mr. WARDLAW-MILNE

Is it not the case that the progress of the State Railways has been very slow compared with that of 50 years ago?

Earl WINTERTON

I think that that does not arise out of the original question. Perhaps the hon. Gentleman will put the question on the Paper?

Sir FREDRIC WISE

Does that include the debenture stock?

Earl WINTERTON

I shall require notice of that question.

Mr. B. SMITH

How much of it is private capital and how much State capital?

Earl WINTERTON

I shall require notice of that question also.