HC Deb 26 November 1952 vol 508 c54W
71. Mr. Awbery

asked the Secretary of State for the Colonies if he is aware of the urgent need for developing retail co-operatives to combat the steep rise in the cost of living in Malaya; what plans are being made; and what amount is to be spent on their development in 1952–53.

Mr. Lyttelton

Yes. Substantial progress has been made in the last two years. The Federal Government has recently increased its guarantee of the Malayan Co-operative Wholesale Society funds from $1 million to $1.5 million.

The Federal Estimates also provide for direct financial assistance to Co-operative shops, the amount in 1953 being $107,580 (£12,550).

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