Question : LOAN RELIEF SCHEME



(a) the number of artisans, farmers and unemployed persons benefited from the ioan relief scheme, State-wise; and

(b) the total assistance provided for each State under the said scheme during the last three years?

Answer given by the minister


THE MINISTER OF STATE IN THE MINISTRY OF FINANCE (SHRI BALASAHEB VIKHE PATIL) :

(a) Presumably, the Hon`ble Member is referring to the Agricultural and Rural Debt Relief (ARDR) Scheme. 1990, formulated by the Government of India and implemented by the State Governments. The Scheme had come to a close on 31 March 1991 and final settlement of claims were made. The period of operation of the scheme was treated as closed on 31 March 1995. The State-wise details of the number of beneficiaries including -artisans, farmers and unemployed persons are given in the enclosed Statement-I

(b) Government of India had met the entire liability of the claims of the borrowers of public sector banks and regional rural banks. In respect of the cooperative banks, the liability was shared by Government of India and State Governments in ratio of 50:50. The State-wise position of grant provided by Government of India and loans provided by NABARD to State Governments for meeting their share are given in enlosed Statement-II.