Question : BAILOUT PACKAGE FOR IFCI AND IDBI



(a) whether the Government have offered a bailout package of Rs.21,000 crore for IFCI and IDBI;

(b) if so, the likely impact on the fiscal deficit of the country; and

(c) the details of repayment plan of IFCI and IDBI to the Government?

Answer given by the minister

THE MINISTER OF STATE IN THE MINISTRY OF FINANCE & COMPANY AFFAIRS (SHRI ANANDRAO V. ADSUL)

(a): No, Sir.

(b) & (c ): Do not arise.