§ 108. Mr. G. M. Thomson
asked the Chancellor of the Exchequer if he will make a statement on his conversations with the Finance Minister of India concerning India's need for financial aid.
§ Mr. Birch
During Mr. Krishnamachari's visit to this country as the guest of the Government the opportunity was taken to discuss financial and economic matters of mutual interest, including the financial requirements of the Indian second five-year plan. Her Majesty's Government emphasised their goodwill towards, and deep interest in, India's great undertakings. They explained, however, the limitations placed upon them by the economic situation of this country and our many existing commitments.