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India (Loan Prospectus)

Volume 235: debated on Tuesday 25 February 1930

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asked the Secretary of State for India if he is aware that the prospectus of the Government of India short-term loan of £6,000,000 advertised on 10th February contained very little financial or economic information; and whether he will take steps to see that in future full particulars are given of all relevant matters, including debt, finance, and trade?

The prospectus followed the usual lines. The form in which the prospectus of an Indian sterling loan should be presented is carefully considered on the occasion of each issue.