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REPORTED REJECTION

OFFER TO INDIAN CONGRESS

BICt BUDGET DEFICIT

United , Tress Association—By Electric. Tole- .'■■'" '■'-■ : graph—Copyright. •* i . ' . (Received 2nd March, 9 a.m.) ;, " ■■■■": .V DELHI, Ist March. Tho Viceroy,' Lord Irwin, made' a; cortain offer to .Congress, as the farthest j the Government' might be prepared to go, and Congress has rejected the terms. Gandhi sees the Viceroy to-morrow, but it is unlikely that Congress will call off civil disobedience or participate in a round-table conference. The outlook is uncertain. '■■•' ■'.'..■ . ' ' . ; In the. meantime, the Finance Member of the :Council'has issued the gloomiest ißndget for- two generations; showing a; deficit: of fourteen and a half crores of .rupees. Tariff increases suggested to meet''these will hit the Europeans hardest. .- : . (

A crore is ten millions, and ten. million rupees would equal ac present rate of exchange about £750,000, or nearly eleven million sterling.

Permanent link to this item

https://paperspast.natlib.govt.nz/newspapers/EP19310302.2.69.1

Bibliographic details

Evening Post, Issue 51, 2 March 1931, Page 9

Word Count
138

REPORTED REJECTION Evening Post, Issue 51, 2 March 1931, Page 9

REPORTED REJECTION Evening Post, Issue 51, 2 March 1931, Page 9

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