Question : NABARD LOAN



(a) the details of the loans sanctioned and distributed by National Bank of Agriculture and Rural Development (NABARD) during the last three years, State-wise; and

(b) the details of the centrally sponsored major agricultural projects implemented through NABARD during the said period with the funds sanctioned and incurred so far on these projects?

Answer given by the minister


THE MINISTER OF STATE IN THE MINISTRY OF FINANCE AND COMPANY AFFAIRS (SHRI ANANDRAOVITHOBA ADSUL):

(a) National Bank for Agriculture and Rural Development (NABARD) provides refinance facilities to scheduled commercial banks, cooperatives and regional rural banks for providing loans for agricultural and other activities. The State-wise details of the loans sanctioned and disbursed by NABARD during the years 1999-2000, 2000-2001 and 2001-2002 are given in the Statement enclosed.

(b) Presently, NABARD is implementing three credit linked subsidy schemes of Ministry of Agriculture, Government of India. The name of the schemes and the amount released thereunder are as follows:

(i) Capital Investment Subsidy Scheme for construction/modernization/expansion of cold storages. Amount of Subsidy released Rs. 98.80 crores;

(H) Capital Investment Subsidy Scheme forconstruction/renovation/expansion of rural godown-Amount of subsidy released—Rs. 18.84 crores; and

(iii) On Farm Water Management Scheme forincreasing Food Production in Eastern India. The scheme has been started during 2001-2002 and the project envisages a total financial outlay of Rs. 433.33 crore.