§ 61. Colonel Crosthwaite-Eyreasked the Chancellor of the Exchequer the sterling value of British assets in India, as at 1st April, 1938, and 1946, respectively, or at the nearest convenient date; and the causes of any changes.
§ Mr. DaltonI regret that figures are not available.
§ 62. Colonel Crosthwaite-Eyreasked the Chancellor of the Exchequer if he will make a comprehensive statement on the policy of His Majesty's Government in regard to the sale of British assets in India to Indian nationals.
§ Mr. DaltonIt is not the policy of His Majesty's Government to intervene as regards sales of British business interests in India. Such sales have been on a relatively small scale and take place only when they are regarded as commercially advantageous by the parties concerned.