THE MINISTER OF FINANCE (SHRI PRANAB MUKHERJEE)
(a) to (d): A Statement is laid on the Table of the House.
Statement referred to in reply to Parts (a) to (d) of Lok Sabha Starred Question No. 339 to be
answered on 11th December, 2009 regarding Financial Assistance by NABARD tabled by Shri
Shivkumar Udasi.
(a) & (b): The details of the financial assistance provided by the National Bank for
Agriculture and Rural Development (NABARD) to States, including Karnataka, are as
under:
(i) NABARD has been providing assistance to State Governments for contribution to share capital
of Cooperative Credit Institutions. The details of contribution for the last three years are
given below:
(Rs. Crore)
Year Amount
2007-08 18.10
2008-09 17.73
2009-10 0.00
NABARD has not provided any share capital assistance to Karnataka State Government.
(ii) The State-wise, year-wise details of financial assistance provided (sanctions &
disbursements) to State Governments, including Karnataka, for Infrastructure projects under
Rural Infrastructure Development Fund (RIDF) during the last three years, viz., 2006-07,
2007-08 & 2008-09 and the current year (2009-10), are furnished in the Annex-I
The major areas in which assistance under RIDF has been made available are irrigation, rural
roads & bridges, social sector, power sector and other agriculture related infrastructure
projects.
The Sector-wise details of number of projects and RIDF loan sanctioned during the last three
years, viz., 2006-07, 2007-08 & 2008-09 and the current year (2009-10) to various State
Governments are furnished in the Annex-lii.
(iii). NABARD is implementing the Government of India (Gol) Revival Package for Short Term
Cooperative Credit Structure (STCCS) under which following releases have been made to various
States so far under Gol share:
(Rs. Crore)
States 2007-08 2008-09 2009-10 Total
Andhra Pradesh 423.64 1151.47 12.08 1587.19
Chhattisgarh - 162.47 - 162.47
Gujarat 121.74 20.57 183.47 325.78
Haryana 240.34 214.78 - 455.12
Madhya Pradesh 381.32 268.55 335.22 985.09
Mahrashtra - 820.07 586.81 1406.88
Orissa 140.00 453.69 _ 593.69
Tamil Nadu - - 1008.34 1008.34
Tripura - - 51.35 51.35
Uttar Pradesh - 340.85 - 340.85
West Bengal - 134.96 - 134.96
Total 1307,04 i~35674T 2177.27 705172
As regards Karnataka, the process of conducting special audit of 4130 Primary Agriculture
Credit Society (PACS) in the State has been completed recently. NABARD is in the process of
finalization of the claims in regard to recapitalization of PACS.
(c) & (d): The projects under RIDF are being monitored on an ongoing basis by the Implementing
Departments of the State Government. In addition, the projects sanctioned under RIDF are also
monitored at the State level by a High Power Committee (HPC) headed by the Chief
Secretary/Finance Secretary of the State on a quarterly basis, NABARD has also been monitoring
the RIDF projects through desk monitoring and field visits on a selective basis.
For monitoring the implementation of the Revival Package for STCCS a National Implementation
and Monitoring Committee (NIMC) has been set up at the National level under the Chairmanship
of the Secretary, Government of India, Ministry of Finance, Department of Financial Services.
A State Level Implementation Committee has been set up in each of the implementing States to
monitor at the State level. Similarly, at the District Central Co-operative Bank (DCCB) level,
DCCB Level Implementation Committees have been set up.
