THE MINISTER OF STATE IN THE MINISTRY OF URBAN DEVELOPMENT(SHRI SAUGATA ROY)
(a)to(c) The NCRPB has informed that the loans for the projects are
sanctioned and released in installments as per the loan drawal request/schedule
submitted by the executing agencies/borrowers. After sanction of loan for the
project by the Project Sanctioning & Monitoring Group (PSMG) of the Board and
completion of loan documentation, the first installment of loan is released in
advance to the executing agencies/borrowers.
The second or subsequent installment of loan is released only after receipt of
utilization report from the implementing agencies in the form of Progress
Report/Utilisation Certificate.
Further, the loan sanction letter issued by the NCR Planning Board stipulates that
the Implementing Agency/Borrower is required to complete the project with in the
stipulated time frame as approved by the PSMG. On completion of a project, agencies
are required to submit a completion report.
(d)to(e) NCRPB has released final loan installments, as due and requested by
the executing agencies/borrowers, in respect of 46 projects, for which the completion
reports are still awaited.
The agencies which have not submitted the completion report are
(i) Government of
Haryana/agencies for 37 projects;
(ii) Government of Uttar Pradesh/agencies for
3 projects;
(iii) Patiala Development Authority, Patiala in Punjab for 2 projects;
(iv) Rajasthan Rajya Vidyut Prasaran Nigam Ltd. in Rajasthan for 2 projects; and
(v) Municipal Corporation of Delhi for 2 projects.
NCRPB has taken up the matter with the implementing agencies, the concerned State
Governments at the appropriate levels and also with the PSMG.
