Cotton Industry (Re-equipment Grants)

Part of Oral Answers to Questions — Trade and Commerce – in the House of Commons at 12:00 am on 28 November 1961.

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Photo of Mr Niall Macpherson Mr Niall Macpherson , Dumfriesshire 12:00, 28 November 1961

My right hon. Friend is informed that to date the Cotton Board has received applications covering expenditure, incurred or proposed, to the amount of £34·3 million; assuming all these projects go ahead, the Government's contribution will be about £8·6 million. The final date for the receipt of applications remains at 8th July, 1962. The date by which orders must be placed with manufacturers has been put back to 8th July, 1963, so as to give applicants more time.