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Cambridge University (Applied Economics)

Volume 649: debated on Tuesday 21 November 1961

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asked the Chancellor of the Exchequer what additional grant will be made by the University Grants Committee to Cambridge University to help finance the new work being undertaken by the Department of Applied Economics in the study of economic planning.

The proposals submitted by Cambridge University will be taken into account by the University Grants Committee, which is at present considering what recommendations to make on the general level of recurrent grant to the universities for the next quinquennium 1962–67.

Is not this a question of too little too late? Is he aware that the university has applied for and received a three-year grant from the American foundation to investigate planning in this country which is now one of the pet babies of his right hon. and learned Friend?

I am glad that universities are taking an interest in planning, and doubtless they will note past successes and also past failures in the public sector of our economy. I think that I have given a fair answer to the Question put down by the hon. Gentleman.