§ Mr. SWANasked the Secretary of State for India whether, at a recent meeting of the Indian Legislative Council, a resolution recommending that gold imports into India be freed from all restriction was supported by 22 non-official Indians, but thrown out owing to the opposition of the Government?
§ Mr. MONTAGUThe Government of India, as the Finance Member stated in the course of the Debate, would have been prepared to accept the Resolution, subject to the addition of the words "as soon as possible." As, however, the mover did not accede to this suggestion, the question went to a division, with the result stated by my hon. Friend. I am sending my hon. Friend a copy of the announcement issued in connection with the1276W Report of the recent Indian Currency Committee explaining the circumstances in which it was thought necessary to continue for the time being the restrictions on the imports of gold into India. I share the desire of the Government of India to see the removal of the restrictions at the earliest practicable moment.