India (Loan Conditions)

Part of Oral Answers to Questions — National Finance – in the House of Commons at 12:00 am on 8th April 1954.

Alert me about debates like this

Mr. H. Wilson:

asked the Chancellor of the Exchequer how far the mission sent by the International Bank for Reconstruction and Development to India is insisting that loans to India shall be dependent upon India's accepting the principle of private enterprise in the industries affected; and whether he will give instructions to the United Kingdom representative on the board of the Bank to press than no such political conditions should be attached to the Bank's loans.