Press Trust of India / New Delhi February 27, 2007
Soon after Independence, Mahatma Gandhi resorted to a fast to force the government to pay Rs 50 crore to Pakistan, but Pakistan still owes India Rs 300 crore as its share of pre-partition debt.
The Economic Survey for 2006-07 tabled in the Parliament today noted that an amount of Rs 300 crore was due from Pakistan on account of its share of pre-partition debt.
The Indian goverment has not added any interest to this amount, perhaps as a goodwill gesture, and the neighbouring country's debt burden would otherwise have increased manifold.
The amount stood at Rs 300 crore in the 1990-91 Survey as well. It has not been written off from government accounts in the hope that Pakistan may one day consider it fit to repay the historical debt.
Eco Survey: Pak yet to pay Rs 300cr debt
Press Trust of India / New Delhi Feb 27, 2007, 12:15 IST
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