Private Industry and Farming (Assistance)

HC Deb 24 February 1971 vol 812 cc173-4W

Mr. Arthur Lewis

asked the Chancellor of the Exchequer whether he will publish in the OFFICIAL REPORT details of the amounts of moneys paid to private industry and farmers by Her Majesty's Government in the form of grants, loans, or subsidies and on what terms these payments have been made or promised, and for what purpose.

Mr. Patrick Jenkin

The following amounts were paid in 1969–70:

				£ million
			Agriculture	Private industry
Subsidies	…	…	234.9	154.7
Current grants		…	2.6	5.2
Capital grants		…	39.9	567.7
Net lending	…	…	0.2	58.0

The terms and purposes of the measures of assistance vary. Detailed information on agricultural support subsidies and on assistance to private industry is given in the Chief Secretary to the Treasury's Memorandum on the Estimates, published annually.