REGD NO.D.L-33004/99

The Gazette of India

EXTRAORDINARY

PART I—Section 1

PUBLISHED BY AUTHORITY

No.

200]

NEW DELHI, TUESDAY, AUGUST 6, 2002/SRAVANA 15, 1924

2465 GI/2002

(1)

2

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THE GAZETTE OF INDIA: EXTRAORDINARY

[PART I—Si,r l|

MINISTRY OF COMMERCE AND INDUSTRY

{Department of Commerce)

PUBLIC NOTICE

New Delhi, the 6lh August. 2002

No. 29/2002—2007

Subject: Fndian Rupee Value of the special currency Basket for the purposes of deferred payments contracts entered into

under the Deferred payments protocol dated the 30th April,'1981 for the period 1-1-81 to 31*12-85 and the

Deferred payments protocol dated 23rd December, 1985 for the period 1 1-1986 to 31-12-1990 between the

Government of India and the USSR relating to the deliveries of machinery and equipment from the USSR to India

on deferred payment terms.

F. No. IPC/23(16)/81-86 (Pt.).—Attention is invited to Ministry of Commerce (Import Trade Control) Public

Notice No 74-ITC(PN)/85-88 dated the 21stFebruary. 1986 on the subject mentioned above Jt is hereby informed that in

pursuance of the relevant provisions contained in the Indo-USSR deferred payments protocol dated the 30th April, 1981

and 23 rd December, 1985 between the Governmenl of India and the erstwhile USSR, the Reserve Bank of India have further

revised the Indian Rupee Value of the Special Currency Daskcl in the manner indicated below;—

Effective from

27-6-2002

Rupee value

55 7981

2 The above revision would apply lo the deferred payment contracts concluded under both the Deferred payment

Protocols dated 30-4-1981 and 23-12-1985 between the Government oflndia and the erstwhile USSR.

L M ANSTNGH, Director General of Foreign Trade

I'imleil by tin." Managdr, Govl of India Press, Ring Road, Muynnnri, New DHIu-llOOM

and Puhhshcd hy Ihi: Controller o! Publications, Delhi-1 KNJM