HC Deb 29 July 1943 vol 391 c1819W
Mr. Barstow

asked the President of the Board of Trade whether the affairs and policy of the United Kingdom Corporation in India is controlled by the Government of India or by the Government of the United Kingdom; whether there are Indian directors on this corporation; whether the conduct of this corporation is amenable to guidance or control by public opinion in India; and whether it has any monopolistic rights of trade, in fact or in law, or preferences over Indian industry and Indian interest generally?

Captain Waterhouse

The United Kingdom Commercial Corporation acts in India, as elsewhere, on behalf of His Majesty's Government in the United Kingdom, and by far the greater part of its activities there consists in securing supplies for Russia. There is no Indian subsidiary and there are no Indian directors on the Board in London, but naturally it acts in consultation with the Government of India, which is responsible for Indian interests. It has no monopolistic rights or preferences except in so far as priority may be essential on occasion for Russian or other immediate war requirements. It makes the utmost possible use of trade channels in India.