Chapter 3

Austria

3.1 Austria has been extending financial assistance to India since 1962-63 through Government and other credits. These have been made available for financing the import of capital goods, components, machinery, raw materials and services.

3.2 The total assistance given by Austria upto 31st March,1999 is as follows:

Million A.Sch.

a) Government credits for Capital Goods
    (including credit of A.Sch.120 M signed in Dec.1991)

1302.80

b) Food Aid

6.48

c) Refinancing credit towards debt relief

371.61

Total

1680.89

3.3 The details of credits, brief terms and conditions, utilisation and debt servicing payments are given in Annexure-I. The details of grants are given in Annexure.