§ Mr. Durantasked the Minister of Overseas Development how much financial aid was given to India in 1976: and how it was allocated.
§ Mrs. HartAccording to provisional estimates a total of £109.3 million was disbursed in aid to India in 1976; apart from debt relief it was used to purchase United Kingdom goods and services. The breakdown available was as follows:666W
Loans £ million Contributions to new investment projects 12.2 Components, spare parts and industrial materials to maintain existing investment 4.4 Total Loans 16.6 Grants £ million Contributions to new investment projects 16.6 Components, spare parts and industrial materials to maintain existing investment 51.6 Aid to priority sectors (coal and power) 5.4 Supply of Fertiliser 1.7 Debt Relief 11.2 Food Aid 4.6 Technical Co-operation 1.6 Total Grants 92.7 Grand Total Bilateral Aid 109.3