CONDITIONS IN INDIA
THE VICEROY’S SUMMARY. Press Association—By Telegraph—Copyright. DELHI, January 11. Before leaving Calcutta, where he spent Christmas and the New Year, Lord Reading made a long speech before the Associated Chambers of Commerce. He talked at length on tire fiscal policy, ibut gave no definite details beyond tho necessity for making both sides of the Budget balance. He said that the general economic condition of India was more hopeful. The crops wore good. The balance of trade was not in India’s (favor, but the export trade was promising. There had been a remarkable revival in jute, and the outlook was more promising. Trade generally, however, was still dull, and cautious industries in India were still not feeling any real stimulus to activity. An important feature was the slow hut steady decline in the cost of living during the last year, which amounted to 17 per oent.—A. and N.Z. Cable.
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Evening Star, Issue 18173, 13 January 1923, Page 3
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151CONDITIONS IN INDIA Evening Star, Issue 18173, 13 January 1923, Page 3
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