cover image: Report on the Operations of the Currency Department  the Movement of Funds and on the Resource Operations of the Government of India 1920-21

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Report on the Operations of the Currency Department the Movement of Funds and on the Resource Operations of the Government of India 1920-21

1921

Sir I have the honour to submit my report on the operations of the Currency Department on the movement of funds and on the resource operations of the Government of India for the year ending the 31st March 1921. [...] In December 1919 the first step in the direction of a provincial organisation was taken by the appointment of a Deputy Controller of the Currency at Bombay whose duties comprised the supervision of the work of the two currency circles of Bombay and Karachi and the resource operations and securities work of the Bombay Presidency and the Central Provinces. [...] In India the monsoon of 1919 had been unusually good and although the high level of prices necessitated the continuance of control over the export of foodstuffs the year's trade established a record for the value of exports and imports alike and also a record figure for the excess of the former over the latter. [...] At the same time her difficulties have been intensified by the phenomenal fall in the value of silver by the flood of high priced imports which were stimulated by the earlier high level of exchange by the consequent swing of the balance of trade heavily against her and by the failure of the Government in the face of these adverse factors to support exchange at the level which had been recomme [...] In the fourth section I shall detail the financial transactions of the Government 3 leading to a review in the fifth s 'ction of money conditions in India of the Government's relations with the Presidency Banks and the inauguration of the Imperial Bank of India.
government politics public policy
Pages
120
Published in
India
SARF Document ID
sarf.143642
Segment Pages Author Actions
Frontmatter
i-3 A.C. McWatters view
I.—India’s Foreign Trade
3-9 A.C. McWatters view
II.—Price of Silver and Exchange
9-13 A.C. McWatters view
III.—The Currency Committee and Currency Policy
13-21 A.C. McWatters view
IV.—The Government Balances and Reserves. Ways and Means
22-27 A.C. McWatters view
V.—Money Conditions in India the Presidency Banks and the Imperial Bank of India
27-35 A.C. McWatters view
VI.—Demand for the Various Forms of Currency
36-39 A.C. McWatters view
VII.—The Note Circulation
39-43 A.C. McWatters view
VIII.—Miscellaneous Matters Connected with Currency Notes and Coinage
43-48 A.C. McWatters view
Statements
49-101 A.C. McWatters view
Index to the Report
i-vi A.C. McWatters view
Map
i-i A.C. McWatters view