Question : World Bank Loan

(a) the details of the World Bank loans to the Government of India received for the period April to October 1999 and April 2004 to March 2014;

(b) the details of the World Bank loans to the Government of India received for the period May 2014 to March 2018 and also the loan repaid by the Government during the said period including the interest paid on the said loan, year-wise;

(c) whether the Government has repaid the loan taken prior to May 2014, i.e. for the period April to October 1999 and April 2004 to March 2014, if so, the details of the loans repaid and loans outstanding, if any; and

(d) whether the Government currently has any outstanding World Bank loan, if so, the details thereof and concrete steps taken/proposed to be taken for repayment of the said outstanding loan?

Answer given by the minister

MINISTER OF STATE IN THE MINISTRY OF FINANCE (SHRI PON RADHAKRISHNAN)

(a) to (d): The required details are at Annexure. The World Bank loans are repaid as per the terms and conditions of loan agreement from the budgetary resources of the borrowing entities.




Annexure referred to in reply to parts (a) to (d) of Lok Sabha Unstarred Question No. 607 regarding World Bank Loan due for answer on 20.07.2018

World Bank loan received, loan repaid, interest paid and loan outstanding to Government of India


(In US Dollar million)
<pre> Period Loan received Loan repaid Interest paid Loan outstanding
Apr 1999- Oct 1999 495.45 581.99 240.51 24760.46
Apr 2004- Mar 2005 1748.40 698.03 233.54 27425.82
Apr 2005- Mar 2006 1956.19 760.20 321.84 27763.57
Apr 2006- Mar 2007 1815.40 857.02 427.85 29850.89
Apr 2007- Mar 2008 1748.45 997.09 491.75 32008.69
Apr 2008- Mar 2009 1709.29 1114.18 398.13 30861.50
Apr 2009- Mar 2010 2027.09 1188.68 308.71 31793.11
Apr 2010- Mar 2011 3912.41 1319.43 253.31 35410.05
Apr 2011- Mar 2012 2154.46 1408.21 280.05 35749.53
Apr 2012- Mar 2013 1447.95 1480.16 285.00 34982.86
Apr 2013- Mar 2014 1677.40 1577.42 262.10 35645.99
May 2014- Mar 2015 2159.85 1886.83 244.61 33410.99
Apr 2015- Mar 2016 2317.29 2202.82 257.84 33837.10
Apr 2016- Mar 2017 2294.02 2402.75 344.19 33037.44
Apr 2017- Mar 2018 2315.98 2565.46 413.82 34285.16 </pre>

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