At a debate entitled 'Would Brexit Benefit India?' at a House of Commons committee room yesterday, parliamentarians argued over the fallout of a potential vote in favour of Britain's exit from the EU in the June 23 referendum.
"India will carry on doing what it does best (in the event of Brexit). It is this country that we need to focus on. Let's stay trading with Europe and the great federal nation that is India," said Stephen Pound, MP for Ealing North - a heavily Indian-origin constituency of London.
He was joined on the side in favour of Britain remaining in the EU by Lord Dolar Popat, who said it was "vital for India that we remain part of the large EU family" and that "leaving will be like a bomb for the UK economy".
The opposing side was represented by Bob Blackman, MP for Harrow East - another heavily Indian-origin area of London - and Lord Hamilton, former UK defence minister.
They both argued that professionals from India would be met with a fairer immigration system once Britain was able to curtail migration from the EU.
The debate, organised by Ray Media and chaired by senior
Labour MP Virendra Sharma, reflected the broader divisions on the issue of Britain's continued membership of the EU, with just a week to go before referendum day.
The campaign today took to the Thames with the rival Brexit and Remain camps sailing along on separate flotillas and trading insults.
Police vessels followed as the vessels circled on the river outside the Houses of Parliament and other key London landmarks.
George Osborne said the austerity measures in such a budget could necessitate raising income and inheritance taxes and cutting the NHS budget.
"We know all too well what happens when Britain loses control of its public finances. We're agreed that a vote to leave risks doing the same thing to Britain all over again," he said.
However, as many as 57 of his own Conservative party MPs countered that his own position would be "untenable" if he tried to cut NHS, police and school spending in the wake of Brexit.
"Nobody wants to have an emergency Budget, nobody wants to have cuts in public services, nobody wants to have tax increases. We can avoid all of this by voting Remain next week,"he said.
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