§ Mr. Pageasked the Chancellor of the Exchequer whether, before granting any consent for a capital issue for the purposes of the Industrial Credit and Investment Corporation of India, he will arrange for representations to be made to the Indian Government for removal of the barriers to the import of United Kingdom cotton goods into India.
§ Mr. R. A. ButlerI cannot define my attitude to a possible application for consent to a capital issue which has not
264WCorporation and advances to the Overseas Food Corporation, of which figures are published in the Corporations' annual reports). I regret that the task of breaking down this total Colony by Colony over 34 years would be unduly burdensome.
The statement below Shows, however, how it is divided into the various kinds of assistance. Her Majesty's Government are considering what further sum Parliament should be asked to provide under the Colonial Development and Welfare Acts.
reached me. As regards the import of U.K. cotton goods into India, the Government of India said in September that such imports would be freely licensed. My right hon. Friend the President of the Board of Trade will no doubt consider the advisability of further representations if it is seen that U.K. exporters are being deprived of the benefits of free licensing by high Indian import duties.