International Marxist Group Archive

Magazines, bulletins and booklets of the IMG and its forerunners, 1961–1984

U.S.5.R, and India sign Aid Agreement

The Bulletin Vol. 2, No. 20, 27 May 1963 · pp. 8-9 of the scan · 196 words

The scan: tb-v02n020-may-27-1963.pdf (PDF, Marxists Internet Archive, opens at this page)

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Hsinhua reported the following

rec without comment:

Tho U.S.S.R. and India signed two: protocols for aid to India in New Delhi according to a Tass report from Deihi,

One protecol stipulates the expansion of Indian oil refineries at Barauni(Bihar) and Koyali(Gujarat) which were established under So¥iet economic and technical assistance, After the expansion, the yosrly output of crude oil of each of the two refineries would be increasod from two to three million tons, The other protocol provides for establishment of a second precision instrument plant in Pudussi(Kerala) with Soviet assistance,

The two protocols were signed by Ramonov, economic counsellor of the Soviet embassy in India and Raiyan, Secretary of the Indian Finance Ministry. :

The I.1.8, also reported the news of the 25th, It said: otal Soviet assistance extended to India since indepondencs amounts to rupees 3,440million, This assistance covers all crucial sectors of India's economy— power, steel, oil, coal, heavy engincsring; precision instruments and drugs." According to a Tass report on the 25th, Soviot experts had designed a heavy powor equipment plant which would produce steam turbines and hydraulic turbines, The site of the plant would bo near Hardwar City in Uttar Pradesh,

LoUa

← Togliatti on Unity, Soviet Artists and CommnesChines and New Zealand C.P.s sign igreement →

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