Question : ADB FUND FOR INDIA

(a) whether a proposal to raise Asian Development Bank (ADB) fund of 1 billion US dollars for India is under consideration of the Government of India;

(b) if so, the status thereof;

(c) whether objection to such funds/loans has been raised by any entity/ country; and

(d) if so, the details thereof and steps taken or proposed to be taken thereon?

MINISTER OF STATE IN THE MINISTRY OF FINANCE (SHRI NAMO NARAIN MEENA)

(a) & (b): The lending pipeline for the years 2011-13 has been tentatively finalized with the ADB during the recently concluded Country Programming Mission. The pipeline aims at a lending size of around US$ 2.4 billion during the years 2011-13.

(c)&(d): No Madam.